ADA/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A descent downwards to the next support at 0.726700000 will persist.

Caution: A possible change in the direction of the resistance zone at 0.768300000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Next a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.768300000 – 0.756200000 – 0.748600000 – 0.726700000 – 0.688400000 – 0.693300000

Trading Signals: FOREX – ADA – ADA/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern