ADA/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support level at 0.892800000 will persist.

Caution: A possible change in the direction of the resistance level at 1.073000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Evening Star’ chart pattern is existing. The chart forms ‘Evening 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 probability of ‘Evening Star’ heading down is 72% (Bull & Bear Market).

Download ADA/USDT Signal Image

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