ADA/USDT – 30M – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

The currency pair Cardano/Tether (ADA/USDT) moves from the bearish trendline down.

A continuation of the bearish trend down to the next support at 0.795900000 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.837200000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The 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%.

0.837200000 – 0.862700000 – 0.895500000 – 0.795900000 – 0.785400000 – 0.742000000

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