ADA/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support at is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.278 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Moreover a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

Moreover a ‘StochOSC Hidden Bearish Divergence’ indicator signal is found. The indicator is ‘StochOSC Hidden Bearish Divergence’. which is often a bearish signal. The currency pair is likely to fall.

Moreover a ‘Two Crows’ candle chart pattern is found. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. 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).

0.278 – 0.285 – 0.2721 – 0.2651 – 0.2584 – 0.2685 —
0.269500000 – 0.272000000 —
42.334395655041 – 51.721331492202 —
– —
0.278 – 1772712000

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