ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) goes from the bullish trendline downwards
A descending movement downwards to the next support at 0.829600000 is certain.
Caution: A possible change in the direction of the resistance level at 0.904800000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Below The Stomach’ candle chart pattern is existing. The candles show ‘Below The Stomach’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.928100000 |
| 2nd High | 0.912300000 |
| Next High | 0.904800000 |
| Current Price | 0.858200000 |
| Next Low | 0.829600000 |
| 2nd Low | 0.770000000 |
| 3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Below The Stomach