ADA/USDT – 4H – SELLThe currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support level at 0.829600000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 1.119400000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Bearish Harami’ candle pattern is found. The chart shows ‘Bearish Harami’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.181900000 |
| 2nd High | 1.121000000 |
| Next High | 1.119400000 |
| Current Price | 1.085900000 |
| Next Low | 0.829600000 |
| 2nd Low | 0.696100000 |
| 3rd Low | 0.541700000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Harami