ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) goes from the bullish trendline down.
A bearish movement downwards to the next support line at 0.850700000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.928100000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Shooting Star’ candle chart pattern is existing. The candles show ‘Shooting Star’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.121000000 |
| 2nd High | 0.940300000 |
| Next High | 0.928100000 |
| Current Price | 0.869500000 |
| Next Low | 0.850700000 |
| 2nd Low | 0.770000000 |
| 3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Shooting Star