ADA/USDT – 1H – SELL

The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.

A bearish trend downwards to the next support at 0.2441 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.268 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Matching Low’ candlestick chart pattern is existing. The chart shows ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.2525 – 0.2514 – 0.2509 – 0.2441 – 0.2408 – 0.2444 —
0.250100000 – 0.256000000 —
56.673524334155 – 70.12682592705 —
– —
0.2525 – 1776758400

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