ADA/USDT – 30M – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

The currency pair Cardano/Tether (ADA/USDT) moves from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at 0.258 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.2642 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Additionally a ‘Bearish Engulfing’ candlestick chart pattern is existing. The candles form ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

0.2642 – 0.2668 – 0.2679 – 0.258 – 0.2566 – 0.261 —
0.264100000 – 0.263400000 —
50.495179890092 – 53.059819655932 —
– —
0.2642 – 1773318600

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –