ADA/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at 0.817400000 will persist.

Caution: A possible change in the direction of the resistance zone at 0.839400000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Three Inside Down’ candlestick chart pattern is found. The chart shows ‘Three Inside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.839400000 – 0.838700000 – 0.827800000 – 0.817400000 – 0.817200000 – 0.774700000 — 51.064165539247 – 42.6918829307

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Inside Down – –