ADA/USDT – 30M – SELL

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

A bearish movement down to the next support level at 0.766200000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.833800000 could happen.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Moreover a ‘Three Inside Down’ candle pattern is detected. The candles show ‘Three Inside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.833800000 – 0.808600000 – 0.834400000 – 0.766200000 – 0.782900000 – 0.791100000 — 47.862096537636 – 42.353404238616

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