ADA/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 0.247 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 0.255 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Tweezers Top’ chart pattern is detected. The candles show ‘Tweezers Top’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.255 – 0.2518 – 0.2528 – 0.247 – 0.2473 – 0.2475 —
0.249500000 – 0.251100000 —
44.087509388723 – 50.517013971261 —
– —
0.255 – 1777867200

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