ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) goes from the bullish trendline downwards
A bearish movement down to the next support at 1.056500000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.119400000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bearish Harami’ chart pattern is found. The chart forms ‘Bearish Harami’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 | 1.093400000 |
| Next Low | 1.056500000 |
| 2nd Low | 0.945000000 |
| 3rd Low | 0.924500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Harami