ADA/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.

A bearish descent downwards to the next support level at 0.910700000 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.977700000 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 0.8953478 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 0.977700000 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.977700000 – 0.964300000 – 0.945100000 – 0.910700000 – 0.878100000 – 0.885300000 — 34.68990128508 – 31.552871285588

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