ADA/USDT – 30M – SELL

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

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

A continuation of the bearish trend downwards to the next support line at 0.837100000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.867200000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.8371 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support zone at 0.867200000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. this 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.867200000 – 0.879600000 – 0.892600000 – 0.843800000 – 0.837100000 – 0.842900000 — 40.431386143908 – 38.21744800028

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