ADA/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

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

A bearish descent down to the next support level at 0.3553 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.4309 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘%K fall below 80’ indicator layout is detected. The indicator shows ‘%K fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish 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 Black Crows’ heading down is 82%.

0.4309 – 0.3678 – 0.3639 – 0.4141 – 0.3553 – 0.332 — 40.042809612934 – 39.149290815075 — 14.825062372152 – 0 – 34.334440857799 – 14.082508602036

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –