ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) goes from the bearish trendline down.

A continuation of the bearish trend downwards to the next support level at 0.837100000 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.879600000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.848977 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.879600000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

0.879600000 – 0.892600000 – 0.892500000 – 0.837100000 – 0.842900000 – 0.895100000 — 49.913984377808 – 46.401059344607

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – – – –