Sell ADA/USDT – 1H – SELL

The pair Cardano/Tether (ADA/USDT) goes from the bullish trendline downwards

A descent downwards to the next support level at 0.252 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.2615 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Also there is a ‘Matching Low’ candlestick pattern is found. The chart shows ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 0.2769
2nd High 0.2664
Next High 0.2615
Current Price 0.260300000
Next Low 0.252
2nd Low 0.2454
3rd Low 0.2381

0.2615 – 0.2496 – 0.249 – 0.252 – 0.2454 – 0.2381 —
0.261000000 – 0.262600000 —
63.136747178962 – 55.681860742884 —
– —
0.2615 – 1776369600

Trading Signals:

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