ADA/USDT – 30M – SELL

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

A bearish movement down to the next support line at 0.2582 will persist.

Caution: A possible change in the direction of resistance at 0.2747 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Shooting Star’ chart pattern is existing. The candles form ‘Shooting Star’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

0.2747 – 0.2655 – 0.2696 – 0.2582 – 0.2575 – 0.2542 —
0.280800000 – 0.282500000 —
79.183670289581 – 75.105095282991 —
– —
0.2747 – 1771000200

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