ADA/USDT – 1H – SELL

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

A bearish descent downwards to the next support line at is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.1688 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.

Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.

Besides a ‘Last Engulfing Top’ candlestick chart pattern is existing. The candles show ‘Last Engulfing Top’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

0.1688 – 0.167 – 0.1617 – 0.158 – 0.1556 – 0.1486 —
0.164000000 – 0.168400000 —
54.691830156686 – 61.965987901546 —
– —
0.1688 – 1780869600

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Last Engulfing Top – – –