ADA/USDT – 1H – SELLThe combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.
A descending movement downwards to the next support line at 1.052100000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 1.115000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bearish Harami’ candlestick pattern is existing. The candles form ‘Bearish Harami’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ heading 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 | 1.091100000 |
| 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