ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline down.
A descent downwards to the next support line at 1.068000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 1.102500000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bearish Belt Hold’ candle chart pattern is found. The candles form ‘Bearish Belt Hold’. this is a bearish 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 | 1.119400000 |
| 2nd High | 1.115000000 |
| Next High | 1.102500000 |
| Current Price | 1.091100000 |
| Next Low | 1.068000000 |
| 2nd Low | 1.052100000 |
| 3rd Low | 0.945000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bearish Belt Hold