Sell ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at 0.2817 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.305 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.29035 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.305 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 0.362
2nd High 0.3319
Next High 0.305
Current Price 0.296400000
Next Low 0.2817
2nd Low 0.2757
3rd Low 0.2685

0.305 – 0.3019 – 0.3034 – 0.2817 – 0.2938 – 0.2934 —
0.300000000 – 0.299400000 —
51.203543645337 – 54.978380027711 —
– —
0.305 – 1770132600

Trading Signals:

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