ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) goes from the bullish trendline downwards
A bearish descent down to the next support level at 1.076600000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 1.119400000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Bearish Belt Hold’ candle chart pattern is found. The chart shows ‘Bearish Belt Hold’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.133200000 |
| 2nd High | 1.121000000 |
| Next High | 1.119400000 |
| Current Price | 1.084800000 |
| 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 Belt Hold