Sell ADA/USDT – 1H – SELL

The currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline down.

A bearish movement down to the next support line at 0.775900000 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.855900000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Two Crows’ candlestick pattern is discovered. The chart forms ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.937300000
Next High 0.855900000
Current Price 0.810400000
Next Low 0.775900000
2nd Low 0.734000000
3rd Low 0.710700000

0.806900000 – 0.748000000 – 0.758600000 – 0.775900000 – 0.734000000 – 0.710700000 — 51.365809538322 – 50.3597945916

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