ADA/USDT – 30M – SELLThe pair Cardano/Tether (ADA/USDT) goes from the bullish trendline down.
A bearish descent down to the next support at 0.882500000 will continue.
Caution: A possible change in the direction of the resistance zone at 0.928400000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Tweezers Top’ candlestick pattern is existing. The chart shows ‘Tweezers Top’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.968400000 |
| 2nd High | 0.964300000 |
| Next High | 0.928400000 |
| Current Price | 0.924600000 |
| Next Low | 0.882500000 |
| 2nd Low | 0.865800000 |
| 3rd Low | 0.852500000 |
0.909700000 – 0.898100000 – 0.894800000 – 0.882500000 – 0.865800000 – 0.872400000 — 79.314522873709 – 65.541781560459
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Tweezers Top – – –