Sell ADA/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 0.2737 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.3319 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 0.3647
2nd High 0.362
Next High 0.3319
Current Price 0.311400000
Next Low 0.2737
2nd Low
3rd Low

0.3319 – 0.3292 – 0.362 – 0.3161 – 0.318 – 0.3272 —
0.321200000 – 0.316500000 —
39.017589077574 – 37.107019539613 —
– —
0.33190 – 1769799600

Trading Signals:

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