Sell ADA/USDT – 4H – SELL

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

A continuation of the bearish trend down to the next support level at is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.2899 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

Besides a ‘Two Crows’ candlestick pattern is discovered. The candles form ‘Two Crows’. which is a negative 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’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.3647
2nd High 0.305
Next High 0.2899
Current Price 0.273500000
Next Low
2nd Low
3rd Low

0.2899 – 0.305 – 0.3647 – 0.2504 – 0.2596 – 0.2205 —
0.287200000 – 0.287400000 —
57.552447421823 – 58.832510780554 —
– —
0.2899 – 1771300800

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