Sell ADA/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support level at 0.784400000 is expected.

Caution: A possible counter-trend in the direction of resistance at 0.834400000 could happen.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair could go down.

There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 0.937300000
2nd High 0.855900000
Next High 0.834400000
Current Price 0.799300000
Next Low 0.784400000
2nd Low 0.775900000
3rd Low 0.734000000

0.834400000 – 0.806900000 – 0.748000000 – 0.784400000 – 0.775900000 – 0.734000000 — 51.526786493747 – 46.951453292669

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals