Sell ADA/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support at 0.2594 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.2887 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.

Additionally a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.2963
2nd High 0.2922
Next High 0.2887
Current Price 0.261700000
Next Low 0.2594
2nd Low 0.2536
3rd Low 0.2504

0.2887 – 0.2922 – 0.2963 – 0.2685 – 0.2691 – 0.2594 —
0.265400000 – 0.269600000 —
28.052715374087 – 42.063091062338 —
– —
0.2887 – 1772467200

Trading Signals:

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