ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards
The bearish trend downwards to the next support level at 0.850700000 is certain.
Caution: A possible trend reversal in the direction of resistance at 0.928100000 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Advance Block’ candle chart pattern is discovered. The candles form ‘Advance Block’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Advance Block’ going down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.121000000 |
| 2nd High | 0.940300000 |
| Next High | 0.928100000 |
| Current Price | 0.895600000 |
| Next Low | 0.850700000 |
| 2nd Low | 0.770000000 |
| 3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Advance Block