ADA/USDT – 4H – SELL

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

A descending movement down to the next support line at 0.802600000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.954000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

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

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Two Crows’ candlestick pattern is discovered. The candles show ‘Two Crows’. which 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’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.954000000 – 0.850000000 – 0.845200000 – 0.802600000 – 0.781800000 – 0.826700000 — 41.71374378148 – 36.601815444611

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Two Crows – – –