ADA/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

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

A descending movement downwards to the next support line at 0.821400000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.838700000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Three Inside Down’ candle pattern is found. The candles show ‘Three Inside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.838700000 – 0.827800000 – 0.818700000 – 0.821400000 – 0.817200000 – 0.774700000 — 51.928020153278 – 47.212906195475

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern –