Sell ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 0.1598 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.1651 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. this is a bearish chart scenario. 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 0.1689
2nd High 0.1675
Next High 0.1651
Current Price 0.159700000
Next Low 0.1598
2nd Low 0.1582
3rd Low 0.158

0.1651 – 0.1675 – 0.1689 – 0.1598 – 0.1639 – 0.1637 —
0.161200000 – 0.161100000 —
37.171820770108 – 40.464239633996 —
– —
0.1651 – 1781830800

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