ADA/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support at 0.1385 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.19 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

Moreover a ‘Three Inside Down’ candle pattern is existing. The candles show ‘Three Inside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.19 – 0.1745 – 0.2394 – 0.1385 – 0.1586 – 0.1654 —
0.145700000 – 0.148800000 —
40.45037752262 – 52.158737174202 —
– —
0.19 – 1781524800

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Inside Down – – –