The combination Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support line at 0.882500000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.928400000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Collapsing Doji Star’ candle pattern is discovered. The chart shows ‘Collapsing Doji Star’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.968400000 |
| 2nd High | 0.964300000 |
| Next High | 0.928400000 |
| Current Price | 0.925800000 |
| Next Low | 0.882500000 |
| 2nd Low | 0.865800000 |
| 3rd Low | 0.852500000 |
0.909700000 – 0.898100000 – 0.894800000 – 0.882500000 – 0.865800000 – 0.872400000 — 67.64620069352 – 62.807296077558
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Collapsing Doji Star – – –