Sell ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) goes from the descending trendline down.

A continuation of the downtrend down to the next support at 0.2737 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.3319 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Southern Doji’ candlestick pattern is existing. The candles show ‘Southern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 0.3647
2nd High 0.362
Next High 0.3319
Current Price 0.310300000
Next Low 0.2737
2nd Low
3rd Low

0.3319 – 0.3292 – 0.362 – 0.3161 – 0.318 – 0.3272 —
0.319200000 – 0.312700000 —
36.859738654246 – 33.668794099389 —
– —
0.33190 – 1769799600

Trading Signals:

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