Sell ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.

A bearish descent downwards to the next support level at 0.3476 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.3636 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Two Crows’ chart pattern is discovered. The chart shows ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.3739
2nd High 0.3707
Next High 0.3636
Current Price 0.357600000
Next Low 0.3476
2nd Low 0.3465
3rd Low 0.3421

0.3636 – 0.3553 – 0.3625 – 0.3476 – 0.349 – 0.3465 —
0.358300000 – 0.359200000 —
50.076941603716 – 55.95177337191 —
– —
0.36360 – 1769547600

Trading Signals:

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