Sell ADA/USDT – 1H – SELL

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

A bearish descent down to the next support line at 0.2482 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.2544 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Next a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black 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 success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.268
2nd High 0.2576
Next High 0.2544
Current Price 0.253200000
Next Low 0.2482
2nd Low 0.2446
3rd Low 0.2441

0.2544 – 0.2539 – 0.253 – 0.2482 – 0.2446 – 0.2441 —
0.253700000 – 0.256100000 —
55.658601727989 – 65.339182852006 —
– —
0.2544 – 1777201200

Trading Signals:

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