ADA/USDT – 1H – SELL

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

A descent downwards to the next support level at 0.142 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.1814 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Matching Low’ candle chart pattern is detected. The candles show ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.1628 – 0.1581 – 0.1488 – 0.142 – 0.1421 – 0.1437 —
0.162100000 – 0.168100000 —
65.411756733018 – 73.268707431526 —
– —
0.1628 – 1782997200

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Matching Low – – –