ADA/USDT – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A bearish movement down to the next support line at 0.2769 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.2899 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.27405 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.2899 should be noted.
Consider stop-loss settings accordingly.

0.2899 – 0.2892 – 0.2877 – 0.283 – 0.2769 – 0.2773 —
0.284200000 – 0.286800000 —
47.441831298064 – 51.242619524844 —
– —
0.2899 – 1771313400

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