Sell ADA/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 0.2817 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.305 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Two Crows’ candle chart pattern is found. The chart shows ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.3647
2nd High 0.3319
Next High 0.305
Current Price 0.285400000
Next Low 0.2817
2nd Low 0.2757
3rd Low 0.2685

0.305 – 0.3034 – 0.2936 – 0.2817 – 0.2934 – 0.2757 —
0.297700000 – 0.293400000 —
48.361037340712 – 47.986818472417 —
– —
0.305 – 1770132000

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