ADA/USDT – 4H – SELL

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

A continuation of the downward movement downwards to the next support at 0.3465 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.3647 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Three Outside Down’ candlestick chart pattern is existing. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.3647 – 0.3707 – 0.3739 – 0.3465 – 0.3466 – 0.3421 —
0.347400000 – 0.331900000 —
27.908933239744 – 34.017136642908 —
– —
0.36470 – 1769587200

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