ADA/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

The currency pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards

A descending movement downwards to the next support line at 0.824100000 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.855900000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Also there is a ‘Three Outside Down’ candlestick pattern is existing. The candles show ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.855900000 – 0.833700000 – 0.839400000 – 0.824100000 – 0.814600000 – 0.814100000 — 44.330685316412 – 36.420836632247

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