ADA/USDT – 1H – SELL

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

A bearish movement down to the next support line at 0.3707 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.471 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish signal. The currency pair could go down.

There is also a ‘Two Crows’ candlestick chart pattern is detected. The chart shows ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.4274 – 0.4216 – 0.4371 – 0.3707 – 0.4114 – 0.4134 — 71.848334759273 – 63.120412054208 — 14.37317644808 – 9.8627254029751 – 37.113566429107 – 22.880693866488

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