Sell ADA/USDT – 1H – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards

A bearish descent down to the next support level at 0.4148 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 0.4371 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.4104 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.4371 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.471
2nd High 0.439
Next High 0.4371
Current Price 0.415000000
Next Low 0.4148
2nd Low 0.4104
3rd Low 0.4046

0.4371 – 0.439 – 0.439 – 0.4148 – 0.4217 – 0.4265 — 37.637414700354 – 37.066593556141 — 9.1706539074961 – 2.1637426900585 – 13.519953081357 – 9.3702902036236

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