ADA/USDT – 30M – SELLMoreover a ‘Double bottom retreat down’ chart pattern is discovered. The chart shows ‘Double bottom retreat down’. which is a negative signal. The pair is likely to go down.
The pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.
A descending movement downwards to the next support at 0.789800000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.855900000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.937300000 |
| 2nd High | 0.900800000 |
| Next High | 0.855900000 |
| Current Price | 0.806600000 |
| Next Low | 0.789800000 |
| 2nd Low | 0.775900000 |
| 3rd Low | 0.741700000 |
0.806900000 – 0.801200000 – 0.774000000 – 0.789800000 – 0.775900000 – 0.741700000 — 64.474857587054 – 58.943762700334
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – – Double bottom retreat down – –