ADA/USDT – 30M – SELL

The currency pair Cardano/Tether (ADA/USDT) goes from the descending trendline downwards

A continuation of the downtrend down to the next support level at 0.2596 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.2724 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Collapsing Doji Star’ chart pattern is detected. The candles form ‘Collapsing Doji Star’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

0.2724 – 0.2766 – 0.2763 – 0.2596 – 0.2681 – 0.267 —
0.271700000 – 0.271800000 —
58.503552350835 – 56.993416328101 —
– —
0.2724 – 1770654600

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Collapsing Doji Star – – –