The pair Cardano/Tether (ADA/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support level at 0.817200000 will persist.
Caution: A possible change in the direction of the resistance zone at 0.900800000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.
Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
Furthermore a ‘Three Inside Down’ candle pattern is detected. The chart shows ‘Three Inside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.937300000 |
| Next High | 0.900800000 |
| Current Price | 0.830500000 |
| Next Low | 0.817200000 |
| 2nd Low | 0.774700000 |
| 3rd Low | 0.742000000 |
0.827800000 – 0.818700000 – 0.900800000 – 0.817200000 – 0.774700000 – 0.785500000 — 66.186800259421 – 57.60553422543
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Inside Down – –