ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) jumps from the descending trendline down.

A continuation of the downward movement downwards to the next support line at 0.878100000 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.977700000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.

And also a ‘Matching Low’ chart pattern is detected. The chart forms ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.977700000 – 0.964300000 – 0.945100000 – 0.910700000 – 0.878100000 – 0.885300000 — 31.369359609998 – 30.630115987184

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