The combination Cardano/Tether (ADA/USDT) goes from the descending trendline down.
A continuation of the downtrend down to the next support at is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.2766 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.
In addition a ‘Two Crows’ candle pattern is discovered. The chart forms ‘Two Crows’. 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 success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.305 |
| 2nd High | 0.2843 |
| Next High | 0.2766 |
| Current Price | 0.266200000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.2766 – 0.2763 – 0.2843 – 0.2596 – 0.267 – 0.2686 —
0.272200000 – 0.270500000 —
53.31985601352 – 52.399937686891 —
– —
0.2766 – 1770591600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Two Crows – – –