ADA/USDT – 30M – SELLThe combination Cardano/Tether (ADA/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 0.838000000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 1.116200000 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Tweezers Top’ candlestick chart pattern is detected. The candles show ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.121000000 |
| 2nd High | 1.119400000 |
| Next High | 1.116200000 |
| Current Price | 0.922800000 |
| Next Low | 0.838000000 |
| 2nd Low | 0.829600000 |
| 3rd Low | 0.770000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Tweezers Top