ADA/USDT – 1H – SELL

The combination Cardano/Tether (ADA/USDT) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 0.2596 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.2766 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘Three Outside Down’ candlestick pattern is detected. The candles form ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.2766 – 0.2763 – 0.2843 – 0.2596 – 0.267 – 0.2686 —
0.271500000 – 0.268100000 —
53.095430590637 – 47.118276464367 —
– —
0.2766 – 1770591600

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