ADA/USDT – 1H – SELL

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

A bearish movement downwards to the next support level at 0.2691 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.2922 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair could go up.

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

0.2922 – 0.2963 – 0.3136 – 0.2691 – 0.2594 – 0.2822 —
0.280500000 – 0.272600000 —
50.320983241546 – 42.96202434735 —
– —
0.2922 – 1772330400

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