ADA/USDT – 4H – SELL

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

A continuation of the downward movement down to the next support line at 0.24 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.2769 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

And also a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.

And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. 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 probability of ‘Three Black Crows’ heading down is 82%.

0.2514 – 0.2548 – 0.2529 – 0.24 – 0.2348 – 0.2342 —
0.245800000 – 0.254500000 —
47.027086328357 – 57.620084088088 —
– —
0.2514 – 1775217600

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –