ADA/USDT – 30M – SELLThe combination Cardano/Tether (ADA/USDT) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 1.140100000 will persist.
Caution: A possible change in the direction of the resistance zone at 1.240500000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bearish Engulfing’ candle chart pattern is detected. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.326400000 |
| Next High | 1.240500000 |
| Current Price | 1.190500000 |
| Next Low | 1.140100000 |
| 2nd Low | 1.056700000 |
| 3rd Low | 1.055700000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Engulfing