Sell ADA/USDT – 1H – SELL

The combination Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards

A bearish movement down to the next support level at 0.1654 is expected.

Caution: A possible counter-trend in the direction of resistance at 0.187 could happen.
In the case of a trade, always set appropriate stop-loss settings.

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

And also a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black 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 ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.2376
2nd High 0.2184
Next High 0.187
Current Price 0.186200000
Next Low 0.1654
2nd Low 0.1641
3rd Low 0.1582

0.187 – 0.1758 – 0.1744 – 0.1654 – 0.1712 – 0.1677 —
0.183000000 – 0.188200000 —
69.11679997179 – 68.535991983378 —
– —
0.187 – 1781481600

Trading Signals:

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