ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) jumps from the bearish trendline downwards

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

Caution: A possible change in the direction of the resistance level at 0.2601 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

There is also a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The pair is likely to go down.

There is also a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.

0.2601 – 0.2594 – 0.2546 – 0.2458 – 0.2481 – 0.2496 —
0.257600000 – 0.259600000 —
52.973713251141 – 55.879214874066 —
– —
0.2601 – 1773064800

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Engulfing – – –