ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at 0.730100000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.789300000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. which could be a negative chart signal. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Moreover a ‘Three Outside Down’ chart pattern is existing. The candles show ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.789300000 – 0.779200000 – 0.789800000 – 0.730100000 – 0.752100000 – 0.769400000 — 32.932370546757 – 29.716392538034

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down – –