ADA/USDT – 4H – SELL

The combination Cardano/Tether (ADA/USDT) goes from the descending trendline down.

A continuation of the downward movement down to the next support at 0.2536 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.285 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘Matching Low’ candle pattern is existing. The candles form ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.285 – 0.3136 – 0.2938 – 0.2584 – 0.2594 – 0.2536 —
0.278000000 – 0.259500000 —
47.704539955598 – 36.365716846782 —
– —
0.285 – 1772640000

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