ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) moves from the ascending trendline downwards

A bearish movement downwards to the next support line at 0.802600000 is considered certain.

Caution: A possible change in the direction of the resistance level at 0.850000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.8109358 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 0.850000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Two Crows’ candle pattern is detected. The chart forms ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.850000000 – 0.818800000 – 0.824200000 – 0.802600000 – 0.813900000 – 0.826000000 — 47.09632935265 – 46.081584127408

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Two Crows – – –