Sell ADA/USDT – 4H – SELL

The combination Cardano/Tether (ADA/USDT) moves from the ascending trendline downwards

A bearish movement downwards to the next support level at 0.247 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.2731 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

Then a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.2955
2nd High 0.2769
Next High 0.2731
Current Price 0.271200000
Next Low 0.247
2nd Low 0.2383
3rd Low 0.2354

0.2731 – 0.254 – 0.2561 – 0.247 – 0.2383 – 0.243 —
0.264300000 – 0.278100000 —
55.200640827813 – 67.449618584961 —
– —
0.2731 – 1778054400

Trading Signals:

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