ADA/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.874800000 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

Next a ‘Three Inside Down’ candle pattern is detected. The candles show ‘Three Inside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.874800000 – 0.879800000 – 0.928400000 – 0.831900000 – 0.826700000 – 0.855000000 — 53.729717657517 – 49.344943579874

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