ADA/USDT – 30M – 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 0.1578 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.1653 could happen.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.1653 – 0.1664 – 0.1694 – 0.1578 – 0.1611 – 0.1625 —
0.159400000 – 0.162200000 —
38.448519561758 – 55.212474248826 —
– —
0.1653 – 1784210400

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Two Crows – – –