ADA/USDT – 1H – SELL

The pair Cardano/Tether (ADA/USDT) goes from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at is expected.

Caution: A possible change in the direction of the resistance zone at 0.964300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Moreover a ‘Two Crows’ candlestick chart pattern is found. The candles form ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.964300000 – 0.921900000 – 0.942600000 – 0.853000000 – 0.826700000 – 0.888100000 — 44.03409538951 – 43.391424451559

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Two Crows – Double top retreat up – –