Sell ADA/USDT – 30M – SELL

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

A bearish trend downwards to the next support level at 0.829600000 is expected.

Caution: A possible change in the direction of the resistance level at 0.881400000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Bearish Harami’ candlestick chart pattern is found. The chart forms ‘Bearish Harami’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.912300000
2nd High 0.904800000
Next High 0.881400000
Current Price 0.856600000
Next Low 0.829600000
2nd Low 0.770000000
3rd Low 0.765500000

Download ADA/USDT Signal Image

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