ADA/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A bearish trend down to the next support level at 0.821400000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.838700000 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Next a ‘Three Inside Down’ chart pattern is discovered. The candles show ‘Three Inside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.838700000 – 0.827800000 – 0.818700000 – 0.821400000 – 0.817200000 – 0.774700000 — 51.928020153278 – 47.212906195475

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