Sell ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards

A bearish movement down to the next support line at 0.882500000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.928400000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Collapsing Doji Star’ candle pattern is discovered. The chart shows ‘Collapsing Doji Star’. 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 ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

Support & Resistance Price Range*
3rd High 0.968400000
2nd High 0.964300000
Next High 0.928400000
Current Price 0.925800000
Next Low 0.882500000
2nd Low 0.865800000
3rd Low 0.852500000

0.909700000 – 0.898100000 – 0.894800000 – 0.882500000 – 0.865800000 – 0.872400000 — 67.64620069352 – 62.807296077558

Trading Signals:

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