ADA/USDT – 30M – SELL

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

A bearish trend downwards to the next support level at 0.247 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.255 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Furthermore a ‘Matching Low’ candlestick pattern is existing. The candles form ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.255 – 0.2518 – 0.2528 – 0.247 – 0.2473 – 0.2475 —
0.252700000 – 0.252400000 —
49.679909574183 – 56.398749146787 —
– —
0.255 – 1777867200

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