ADA/USDT – 30M – SELL

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

The bearish trend downwards to the next support line at 0.1681 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.1736 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Next a ‘Tweezers Top’ candle pattern is detected. The candles show ‘Tweezers Top’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.1736 – 0.1719 – 0.1681 – 0.1681 – 0.1641 – 0.1582 —
0.171600000 – 0.173300000 —
56.236071518848 – 60.741536056434 —
– —
0.1736 – 1781238600

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Tweezers Top – – –