ADA/USDT – 30M – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

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

Caution: A possible reversal of the trend in the direction of the resistance level at 0.878400000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.85325 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.878400000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Two Crows’ candlestick chart pattern is found. The chart shows ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.878400000 – 0.876400000 – 0.874800000 – 0.853000000 – 0.856900000 – 0.831900000 — 46.849768840268 – 39.36759845134

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