ADA/USDT – 30M – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

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

A continuation of the bearish trend down to the next support line at 0.879000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.897800000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.879 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.897800000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.897800000 – 0.954000000 – 0.937200000 – 0.879000000 – 0.879200000 – 0.910100000 — 33.292117913962 – 25.860600310223

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –