Sell ADA/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support line at 0.2699 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.2899 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.

Then a ‘Two Crows’ chart pattern is found. The chart forms ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.3319
2nd High 0.305
Next High 0.2899
Current Price 0.283000000
Next Low 0.2699
2nd Low 0.267
3rd Low 0.2575

0.2774 – 0.2874 – 0.2899 – 0.2699 – 0.267 – 0.2714 —
0.288900000 – 0.285700000 —
70.933677423183 – 62.496682161249 —
– —
0.2774 – 1771484400

Trading Signals:

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