ADA/USDT – 30M – SELL

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

A bearish descent downwards to the next support line at 0.2583 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.2816 could happen.
Consider stop-loss settings accordingly.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Three Outside Down’ candle chart pattern is found. The chart shows ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. 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).

0.2816 – 0.2642 – 0.2668 – 0.2583 – 0.258 – 0.2566 —
0.268500000 – 0.266100000 —
37.650011008292 – 35.733262254862 —
– —
0.2816 – 1773406800

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