ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) goes from the ascending trendline down.

The bearish trend down to the next support level at 0.2496 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.2564 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Collapsing Doji Star’ candle pattern is detected. The chart shows ‘Collapsing Doji Star’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

0.253 – 0.2519 – 0.2508 – 0.2496 – 0.2472 – 0.2446 —
0.252400000 – 0.253800000 —
52.457147487131 – 66.878031865455 —
– —
0.253 – 1777064400

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Collapsing Doji Star – – –