Sell ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) jumps from the descending trendline downwards

A continuation of the downtrend down to the next support line at 0.2496 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.257400000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Southern Doji’ candlestick pattern is discovered. The candles form ‘Southern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 0.278
2nd High 0.272
Next High 0.257400000
Current Price 0.251400000
Next Low 0.2496
2nd Low 0.2205
3rd Low

0.257400000 – 0.272 – 0.278 – 0.2496 – 0.2517 – 0.2571 —
0.257400000 – 0.252300000 —
61.943927153676 – 41.311005418472 —
0.257400000 – 1772964000 —
– 1772964000

Trading Signals:

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