ADA/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

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

A continuation of the bearish trend down to the next support line at 0.824100000 will continue.

Caution: A possible change in the direction of the resistance line at 0.855900000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.8230452 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 0.855900000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Outside Down’ candle pattern is found. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.855900000 – 0.833700000 – 0.839400000 – 0.824100000 – 0.814600000 – 0.814100000 — 42.827028664941 – 39.703687429649

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