The combination Cardano/Tether (ADA/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.904800000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.
Also there is a ‘Two Crows’ candlestick chart pattern is found. The chart forms ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.937800000 |
| 2nd High | 0.906500000 |
| Next High | 0.904800000 |
| Current Price | 0.892100000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.904800000 – 0.906500000 – 0.937800000 – 0.889800000 – 0.887100000 – 0.885500000 — 49.196808283713 – 46.007612535973
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Two Crows – – –