Sell ADA/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support level at 0.853000000 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 0.889800000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. 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 chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.904800000
2nd High 0.902600000
Next High 0.889800000
Current Price 0.818700000
Next Low 0.853000000
2nd Low 0.852400000
3rd Low 0.823000000

0.889800000 – 0.902600000 – 0.904800000 – 0.875000000 – 0.877100000 – 0.889800000 — 18.979178648126 – 14.855505961493

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals