ADA/USDT – 1H – SELLThe currency pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards
A bearish movement down to the next support at 1.052100000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 1.115000000 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Bearish Harami’ candle chart pattern is detected. The candles form ‘Bearish Harami’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.121000000 |
| 2nd High | 1.119400000 |
| Next High | 1.115000000 |
| Current Price | 1.078700000 |
| Next Low | 1.052100000 |
| 2nd Low | 0.838000000 |
| 3rd Low | 0.829600000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Harami