Sell ADA/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support at is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.278 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘StochOSC Hidden Bearish Divergence’ indicator layout is existing. The indicator is ‘StochOSC Hidden Bearish Divergence’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Two Crows’ chart pattern is existing. The chart forms ‘Two Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.2887
2nd High 0.285
Next High 0.278
Current Price 0.267300000
Next Low
2nd Low
3rd Low

0.278 – 0.285 – 0.2721 – 0.2651 – 0.2584 – 0.2685 —
0.269500000 – 0.272000000 —
42.334395655041 – 51.721331492202 —
– —
0.278 – 1772712000

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