ADA/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.247 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.2515 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Furthermore a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.2515 – 0.2504 – 0.2484 – 0.247 – 0.2383 – 0.2443 —
0.250800000 – 0.250500000 —
57.572901179677 – 52.253388422713 —
– —
0.2515 – 1777640400

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –