ADA/USDT – 30M – SELL

The currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline down.

The bearish trend down to the next support at 0.2507 is expected.

Caution: A possible change in the direction of the resistance line at 0.2544 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Then a ‘Three Outside Down’ chart pattern is existing. The candles form ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.2537 – 0.2544 – 0.2506 – 0.2507 – 0.2485 – 0.2482 —
0.255000000 – 0.254400000 —
67.245601216341 – 56.192354363628 —
– —
0.2537 – 1777230000

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