Sell ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) goes from the descending trendline downwards

A continuation of the downward movement down to the next support at 0.821800000 is certain.

Caution: A possible change in the direction of the resistance zone at 0.928400000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Inside Down’ candle chart pattern is discovered. The chart forms ‘Three Inside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 0.968400000
2nd High 0.964300000
Next High 0.928400000
Current Price 0.865300000
Next Low 0.821800000
2nd Low 0.765800000
3rd Low 0.741700000

0.928400000 – 0.964300000 – 0.921900000 – 0.887400000 – 0.888100000 – 0.906500000 — 42.721451668493 – 39.706459104892

Trading Signals:

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