ADA/USDT – 1H – SELLThe pair Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support line at 0.850700000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 0.928100000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Line Strike – Bearish’ candle pattern is existing. The candles form ‘Three Line Strike – Bearish’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.121000000 |
| 2nd High | 0.940300000 |
| Next High | 0.928100000 |
| Current Price | 0.893200000 |
| Next Low | 0.850700000 |
| 2nd Low | 0.770000000 |
| 3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Line Strike – Bearish