ADA/USDT – 30M – SELLThe pair Cardano/Tether (ADA/USDT) moves from the ascending trendline down.
A bearish movement down to the next support level at 0.722500000 will persist.
Caution: A possible change in the direction of the resistance level at 0.769300000 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Bearish Engulfing’ candle chart pattern is detected. The candles show ‘Bearish Engulfing’. which 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 success rate of a ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.819300000 |
| 2nd High | 0.783900000 |
| Next High | 0.769300000 |
| Current Price | 0.733000000 |
| Next Low | 0.722500000 |
| 2nd Low | 0.717100000 |
| 3rd Low | 0.696100000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Engulfing