ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards
The bearish trend downwards to the next support level at 1.068000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 1.102500000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Concealing Baby Swallow’ candlestick chart pattern is found. The candles form ‘Concealing Baby Swallow’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.119400000 |
| 2nd High | 1.115000000 |
| Next High | 1.102500000 |
| Current Price | 1.078600000 |
| Next Low | 1.068000000 |
| 2nd Low | 1.052100000 |
| 3rd Low | 0.945000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Concealing Baby Swallow