ADA/USDT – 1H – SELLThe pair Cardano/Tether (ADA/USDT) moves from the bullish trendline down.
A bearish movement down to the next support line at 1.056700000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 1.326400000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Evening Star’ candlestick pattern is found. The candles show ‘Evening Star’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Evening Star’ going down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.326400000 |
| Current Price | 1.187700000 |
| Next Low | 1.056700000 |
| 2nd Low | 1.037500000 |
| 3rd Low | 0.969300000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Evening Star