ADA/USDT – 30M – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

The currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline downwards

A bearish movement downwards to the next support at will persist.

Caution: A possible change in the direction of the resistance line at 0.921900000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

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

In addition a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading 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 – –