The pair Cardano/Tether (ADA/USDT) moves from the ascending trendline down.
A descent downwards to the next support level at 0.892800000 is certain.
Caution: A possible change in the direction of the resistance zone at 1.030900000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Line Strike – Bearish’ candle chart pattern is discovered. The candles show ‘Three Line Strike – Bearish’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.073000000 |
2nd High | 1.041900000 |
Next High | 1.030900000 |
Current Price | 0.991600000 |
Next Low | 0.892800000 |
2nd Low | 0.874300000 |
3rd Low | 0.851800000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Line Strike – Bearish