ADA/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.2517 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.272 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Matching Low’ candlestick pattern is found. The chart shows ‘Matching Low’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.272 – 0.278 – 0.285 – 0.2517 – 0.2571 – 0.2671 —
0.255500000 – 0.254900000 —
36.969030791722 – 38.927524344631 —
– —
0.272 – 1772782200

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Matching Low – – –