ADA/USDT – 30M – SELL

The currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline downwards

A bearish movement downwards to the next support at is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 1.019300000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

Also there is a ‘Three Inside Down’ chart pattern is existing. The chart forms ‘Three Inside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

1.019300000 – 0.889400000 – 0.857900000 – 0.885300000 – 0.861600000 – 0.833400000 — 39.684836388761 – 35.821128143383

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Inside Down – – –