ADA/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support level at 0.2496 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 0.253 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

There is also a ‘Two Crows’ candlestick pattern is detected. The chart shows ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.253 – 0.2519 – 0.2508 – 0.2496 – 0.2472 – 0.2446 —
0.252200000 – 0.252300000 —
51.628557884266 – 56.551086175626 —
– —
0.253 – 1777064400

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Two Crows – – –