ADA/USDT – 30M – SELLThe pair Cardano/Tether (ADA/USDT) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at 0.251700000 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.272 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Matching Low’ candlestick pattern is found. The candles show ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.285 |
| 2nd High | 0.278 |
| Next High | 0.272 |
| Current Price | 0.255600000 |
| Next Low | 0.251700000 |
| 2nd Low | |
| 3rd Low |
0.272 – 0.278 – 0.285 – 0.251700000 – 0.2571 – 0.2671 —
0.258000000 – 0.257300000 —
20.512782123735 – 42.029811165628 —
0.251700000 – 1772892000 —
0.272 – 1772782200
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Matching Low – – –