Sell ADA/USDT – 4H – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The pair Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards

A bearish descent downwards to the next support level at 0.852400000 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 0.938600000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.

There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.8186508 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.938600000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative pattern signal. 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’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.964300000
2nd High 0.954000000
Next High 0.938600000
Current Price 0.824100000
Next Low 0.852400000
2nd Low 0.802600000
3rd Low 0.781800000

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

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals