ADA/USDT – 30M – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish trend down to the next support at 0.2408 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.2492 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.

There is also a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair is likely to fall.

There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.2408 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.2492 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.2492 – 0.2509 – 0.2508 – 0.2408 – 0.2444 – 0.2473 —
0.247600000 – 0.248900000 —
54.030014869307 – 54.705755317457 —
– —
0.2492 – 1776668400

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