The combination Cardano/Tether (ADA/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 0.877100000 will persist.
Caution: A possible change in the direction of resistance at 0.902600000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.
There is also a ‘Three Outside Down’ candle pattern is detected. The chart forms ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.906500000 |
| 2nd High | 0.904800000 |
| Next High | 0.902600000 |
| Current Price | 0.884900000 |
| Next Low | 0.877100000 |
| 2nd Low | 0.860800000 |
| 3rd Low | 0.856600000 |
0.902600000 – 0.904800000 – 0.906500000 – 0.877100000 – 0.889800000 – 0.889800000 — 43.13428204134 – 40.794833291086
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down – – –