ADA/USDT – 30M – SELL

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

A bearish descent downwards to the next support at 0.16 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.2184 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Besides a ‘Bearish Belt Hold’ candlestick pattern is existing. The candles show ‘Bearish Belt Hold’. this 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 ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.1688 – 0.167 – 0.1617 – 0.16 – 0.158 – 0.1605 —
0.168400000 – 0.170700000 —
59.48362052098 – 64.697972443386 —
– —
0.1688 – 1780869600

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Belt Hold – – –