ADA/USDT – 30M – SELLThe pair Cardano/Tether (ADA/USDT) moves from the bullish trendline down.
A bearish descent down to the next support line at 0.945000000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 1.121000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Tweezers Top’ candlestick pattern is discovered. The chart forms ‘Tweezers Top’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.181900000 |
| 2nd High | 1.133200000 |
| Next High | 1.121000000 |
| Current Price | 1.038300000 |
| Next Low | 0.945000000 |
| 2nd Low | 0.924500000 |
| 3rd Low | 0.838000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Tweezers Top