ADA/USDT – 1H – SELL

The combination Cardano/Tether (ADA/USDT) moves from the descending trendline down.

A continuation of the downtrend down to the next support level at 0.885500000 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.906500000 should be noted.
Consider stop-loss settings accordingly.

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

Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

0.906500000 – 0.938600000 – 0.925600000 – 0.885500000 – 0.860800000 – 0.853000000 — 49.746875670294 – 44.858341423545

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