ADA/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 0.2566 is certain.

Caution: A possible change in the direction of the resistance zone at 0.2679 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Next a ‘Matching Low’ candle pattern is discovered. The chart forms ‘Matching Low’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.2679 – 0.2739 – 0.2636 – 0.2566 – 0.261 – 0.2547 —
0.266200000 – 0.265200000 —
62.554502594242 – 56.882672774044 —
– —
0.2679 – 1773235800

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Matching Low – – –