ADA/USDT – 30M – SELLThe combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards
A descending movement downwards to the next support at 1.076600000 is certain.
Caution: A possible trend reversal in the direction of resistance at 1.119400000 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Bearish Harami’ candlestick pattern is existing. The chart forms ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.133200000 |
| 2nd High | 1.121000000 |
| Next High | 1.119400000 |
| Current Price | 1.078900000 |
| Next Low | 1.076600000 |
| 2nd Low | 0.945000000 |
| 3rd Low | 0.924500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Harami