Sell ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards

A bearish movement downwards to the next support at 0.1641 is considered certain.

Caution: A possible change in the direction of resistance at 0.1736 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Tweezers Top’ candlestick chart pattern is discovered. The candles form ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.2184
2nd High 0.1745
Next High 0.1736
Current Price 0.171000000
Next Low 0.1641
2nd Low 0.1582
3rd Low 0.158

0.1736 – 0.1719 – 0.1681 – 0.1641 – 0.1582 – 0.1586 —
0.172400000 – 0.171600000 —
57.607616608348 – 57.150565138373 —
– —
0.1736 – 1781238600

Trading Signals:

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