ADA/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

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

The bearish trend down to the next support level at 0.1654 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.19 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Bearish Engulfing’ candlestick chart pattern is found. The chart shows ‘Bearish Engulfing’. 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 success rate of a ‘Bearish Engulfing’ heading down is 79%.

0.19 – 0.187 – 0.1737 – 0.1654 – 0.1712 – 0.169 —
0.186900000 – 0.178800000 —
54.234760139776 – 32.940090461175 —
– —
0.19 – 1781530200

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