ADA/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 0.2446 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.248700000 could be enabled.
Consider stop-loss settings accordingly.

Then a ‘Tweezers Top’ candlestick chart pattern is found. The chart forms ‘Tweezers Top’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.248700000 – 0.2561 – 0.2537 – 0.2463 – 0.2507 – 0.2485 —
0.248700000 – 0.246000000 —
40.399881562659 – 37.428435720367 —
0.248700000 – 1777300200 —
– 1777300200

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Tweezers Top – – –