Sell ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards

A bearish movement downwards to the next support at 0.2454 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.2615 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.2769
2nd High 0.2664
Next High 0.2615
Current Price 0.253100000
Next Low 0.2454
2nd Low 0.2438
3rd Low 0.2381

0.2615 – 0.2518 – 0.2505 – 0.2454 – 0.2438 – 0.2381 —
0.258600000 – 0.255200000 —
59.954560338239 – 46.601652010443 —
– —
0.2615 – 1776369600

Trading Signals:

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