ADA/USDT – 30M – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

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

A continuation of the downtrend down to the next support line at 0.2325 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.237 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.

Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.231317 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.237 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Two Crows’ chart pattern is discovered. The chart shows ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.237 – 0.2377 – 0.2435 – 0.2325 – 0.2291 – 0.228 —
0.233000000 – 0.236300000 —
37.44474430013 – 57.376582912714 —
– —
0.237 – 1780034400

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