ADA/USDT – 30M – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.

A descending movement down to the next support at 0.2817 is expected.

Caution: A possible change in the direction of the resistance line at 0.3027 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Outside Down’ candle pattern is detected. The chart forms ‘Three Outside Down’. 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 likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.3027 – 0.305 – 0.3019 – 0.2817 – 0.2938 – 0.2934 —
0.302300000 – 0.296800000 —
55.660186069703 – 45.686127794375 —
– —
0.3027 – 1770177600

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –