Sell ADA/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support line at 0.3839 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.4036 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Besides a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.4228
2nd High 0.4052
Next High 0.4036
Current Price 0.385500000
Next Low 0.3839
2nd Low 0.3294
3rd Low 0.2737

0.4036 – 0.3964 – 0.3925 – 0.3839 – 0.3856 – 0.3846 — 46.96946589569 – 42.316636909759 — 64.277680084914 – 47.852605231057 – 69.362204941276 – 60.586702550116

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