Sell ADA/USDT – 1H – SELL

The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.

The bearish trend downwards to the next support level at 0.2632 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.2731 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.26005 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.2731 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.2955
2nd High 0.2769
Next High 0.2731
Current Price 0.263700000
Next Low 0.2632
2nd Low 0.247
3rd Low 0.2383

0.2731 – 0.2657 – 0.2599 – 0.2632 – 0.247 – 0.2473 —
0.267300000 – 0.270400000 —
55.237735147259 – 61.447739646735 —
– —
0.2731 – 1778058000

Trading Signals:

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