ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at will continue.

Caution: A possible trend reversal in the direction of resistance at 0.1464 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Bearish Engulfing’ candlestick pattern is detected. The candles form ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

0.1464 – 0.1465 – 0.1494 – 0.1412 – 0.1434 – 0.1438 —
0.146000000 – 0.145100000 —
52.131265618903 – 50.980299007054 —
– —
0.1464 – 1782712800

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Engulfing – – –