ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) goes from the descending trendline downwards

A continuation of the bearish trend down to the next support at 0.2686 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.2786 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Two Crows’ chart pattern is existing. The chart shows ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.2786 – 0.2843 – 0.3027 – 0.2686 – 0.2712 – 0.2708 —
0.271500000 – 0.276300000 —
42.312810260301 – 65.633378543845 —
– —
0.2786 – 1770489000

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