ADA/USDT – 1H – SELL

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

A bearish descent downwards to the next support at 0.247 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 0.268 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Matching Low’ candlestick chart pattern is found. The candles show ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.255 – 0.2528 – 0.2515 – 0.247 – 0.2473 – 0.2475 —
0.255200000 – 0.259700000 —
64.017727113704 – 70.448444476383 —
– —
0.255 – 1777867200

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