ADA/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support at 0.1677 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.1744 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover 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 signal. The pair is likely to go down.

Moreover a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

0.1744 – 0.1736 – 0.1668 – 0.1677 – 0.1641 – 0.1582 —
0.170600000 – 0.174200000 —
50.394376788582 – 58.46391047609 —
– —
0.1744 – 1781283600

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