ADA/USDT – 30M – SELL

The currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards

A bearish descent downwards to the next support line at 0.2458 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.2546 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.2478768 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.2546 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Two Crows’ candlestick chart pattern is discovered. The chart shows ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.2546 – 0.253 – 0.2537 – 0.2494 – 0.2491 – 0.2458 —
0.253700000 – 0.250100000 —
54.069104126429 – 44.318771917038 —
– —
0.2546 – 1779454800

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