Sell ADA/USDT – 30M – SELL

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

The bearish trend down to the next support at is expected.

Caution: A possible change in the direction of resistance at 0.365200000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Furthermore a ‘Matching Low’ candlestick pattern is found. The candles show ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.3739
Next High 0.365200000
Current Price 0.359000000
Next Low
2nd Low
3rd Low

0.365200000 – 0.3739 – 0.363 – 0.3577 – 0.3554 – 0.3627 —
0.365200000 – 0.361600000 —
61.363920443807 – 49.597191591472 —
0.365200000 – 1769142600 —
– 1769142600

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals