ADA/USDT – 30M – SELL

Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A bearish descent downwards to the next support at is expected.

Caution: A possible trend reversal in the direction of resistance at 0.921900000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.8822 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.921900000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. this is a bearish 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’ going down is 82%.

0.921900000 – 0.939000000 – 0.942600000 – 0.906500000 – 0.891200000 – 0.821800000 — 43.290054649468 – 36.876428947151

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