The currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards
A bearish trend downwards to the next support level at 0.829600000 is expected.
Caution: A possible change in the direction of the resistance level at 0.881400000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Bearish Harami’ candlestick chart pattern is found. The chart forms ‘Bearish Harami’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.912300000 |
2nd High | 0.904800000 |
Next High | 0.881400000 |
Current Price | 0.856600000 |
Next Low | 0.829600000 |
2nd Low | 0.770000000 |
3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Harami