Sell ADA/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support at is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.2766 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

In addition a ‘Two Crows’ candle pattern is discovered. The chart forms ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.305
2nd High 0.2843
Next High 0.2766
Current Price 0.266200000
Next Low
2nd Low
3rd Low

0.2766 – 0.2763 – 0.2843 – 0.2596 – 0.267 – 0.2686 —
0.272200000 – 0.270500000 —
53.31985601352 – 52.399937686891 —
– —
0.2766 – 1770591600

Trading Signals:

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