Sell ADA/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at 0.2571 is expected.

Caution: A possible change in the direction of the resistance level at 0.272 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a indicator signal is found. The indicator shows ”. this is usually a bearish chart scenario. The currency pair could go down.

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There is also a ‘MACD crosses below signal’ indicator signal is found. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘Collapsing Doji Star’ candlestick chart pattern is existing. The chart forms ‘Collapsing Doji Star’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ going down is 63% (Bull Market).

Support & Resistance Price Range*
3rd High 0.285
2nd High 0.278
Next High 0.272
Current Price 0.252500000
Next Low 0.2571
2nd Low 0.2536
3rd Low 0.2504

0.272 – 0.278 – 0.285 – 0.2571 – 0.2671 – 0.2651 —
0.258700000 – 0.258300000 —
26.308925634967 – 30.591539723171 —
– —
0.272 – 1772782200

Trading Signals:

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