ADA/USDT – 30M – SELL

The currency pair Cardano/Tether (ADA/USDT) jumps from the descending trendline down.

A continuation of the bearish trend down to the next support at 0.2817 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.305 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.

Then a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Then a ‘Two Crows’ chart pattern is discovered. The chart forms ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.305 – 0.3019 – 0.3034 – 0.2817 – 0.2938 – 0.2934 —
0.293700000 – 0.301800000 —
47.582924387733 – 59.222825529384 —
– —
0.305 – 1770132600

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