Sell ADA/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at will continue.

Caution: A possible trend reversal in the direction of the resistance level at 0.964300000 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.979500000
2nd High 0.968400000
Next High 0.964300000
Current Price 0.882300000
Next Low
2nd Low
3rd Low

0.964300000 – 0.921900000 – 0.939000000 – 0.887400000 – 0.888100000 – 0.906500000 — 39.746060297996 – 35.05389932211

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