ADA/USDT – 1H – SELL

The combination Cardano/Tether (ADA/USDT) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support line at 0.673800000 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.702700000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

0.702700000 – 0.707200000 – 0.689800000 – 0.673800000 – 0.663600000 – 0.654100000

Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji