ADA/USDT – 1H – SELL

The currency pair Cardano/Tether (ADA/USDT) jumps from the descending trendline down.

A continuation of the downtrend downwards to the next support level at is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.278 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘StochOSC Hidden Bearish Divergence’ indicator layout is found. The indicator shows ‘StochOSC Hidden Bearish Divergence’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘Two Crows’ candlestick chart pattern is detected. The candles form ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to go down. 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).

0.278 – 0.285 – 0.2721 – 0.2651 – 0.2584 – 0.2685 —
0.269500000 – 0.272000000 —
42.334395655041 – 51.721331492202 —
– —
0.278 – 1772712000

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