ADA/USDT – 1H – SELL

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

A descent down to the next support at 0.4134 is likely expected.

Caution: A possible change in the direction of resistance at 0.4371 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘Matching Low’ chart pattern is detected. The chart forms ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.4371 – 0.439 – 0.439 – 0.4134 – 0.4148 – 0.4217 — 42.140496439551 – 41.748567156602 — 42.881478095753 – 25.580341859426 – 53.929350143284 – 43.245168032884

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