ADA/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at will persist.

Caution: A possible change in the direction of the resistance zone at 0.855900000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘Shooting Star’ chart pattern is detected. The chart forms ‘Shooting Star’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

0.855900000 – 0.833700000 – 0.839400000 – 0.779900000 – 0.824100000 – 0.814600000 — 55.265388912535 – 55.142258117891

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