ADA/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.

A descending movement down to the next support level at 0.2594 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.2922 could occur.
Consider stop-loss settings accordingly.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Next a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.

Next a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Last Engulfing Bottom:’ candlestick pattern is existing. The chart shows ‘Last Engulfing Bottom:’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).

0.2922 – 0.2796 – 0.2963 – 0.2594 – 0.2726 – 0.2744 —
0.279400000 – 0.282400000 —
42.738065011248 – 50.9659371534 —
– —
0.2922 – 1772330400

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Last Engulfing Bottom: – Rising Wedge Chart Pattern – –