Sell ADA/USDT – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The pair is likely to go down.

The currency pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards

A descending movement down to the next support level at 0.904500000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.968400000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Also there is a ‘Two Crows’ chart pattern is existing. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.987800000
2nd High 0.979500000
Next High 0.968400000
Current Price 0.920100000
Next Low 0.904500000
2nd Low 0.901100000
3rd Low 0.878100000

0.968400000 – 0.979500000 – 0.987800000 – 0.943400000 – 0.904500000 – 0.901100000 — 33.520824527252 – 33.003933057974

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