ADA/USDT – 4H – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

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

A bearish descent downwards to the next support level at 0.852400000 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.938600000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.8186508 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.938600000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.938600000 – 0.954000000 – 0.850000000 – 0.852400000 – 0.802600000 – 0.781800000 — 33.875615717719 – 26.171305660314

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