ADA/USDT – 1H – SELL

The pair Cardano/Tether (ADA/USDT) goes from the ascending trendline down.

A bearish descent downwards to the next support line at is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.4558 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candle pattern is found. The candles show ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.4558 – 0.4472 – 0.4274 – 0.4346 – 0.4265 – 0.3707 — 43.63281042622 – 35.048358272129 — 61.764538544791 – 44.555852644088 – 44.723299444729 – 52.287470140972

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