ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline down.
A bearish trend downwards to the next support level at 0.850700000 is certain.
Caution: A possible change in the direction of resistance at 0.928100000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Latter Bottom’ candlestick chart pattern is existing. The chart forms ‘Latter Bottom’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.121000000 |
| 2nd High | 0.940300000 |
| Next High | 0.928100000 |
| Current Price | 0.899800000 |
| Next Low | 0.850700000 |
| 2nd Low | 0.770000000 |
| 3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Latter Bottom