ADA/USDT – 30M – SELLThe pair Cardano/Tether (ADA/USDT) moves from the ascending trendline down.
A bearish trend downwards to the next support line at 0.3476 is considered certain.
Caution: A possible change in the direction of resistance at 0.3636 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Southern Doji’ candlestick pattern is discovered. The chart shows ‘Southern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3739 |
| 2nd High | 0.3707 |
| Next High | 0.3636 |
| Current Price | 0.356800000 |
| Next Low | 0.3476 |
| 2nd Low | 0.3465 |
| 3rd Low | 0.3421 |
0.3636 – 0.3553 – 0.3625 – 0.3476 – 0.349 – 0.3465 —
0.361900000 – 0.358600000 —
65.535221286913 – 53.055499473766 —
– —
0.36360 – 1769547600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Southern Doji – – –