ADA/USDT – 30M – SELLThe pair Cardano/Tether (ADA/USDT) goes from the ascending trendline down.
A descent downwards to the next support at 0.844100000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.866400000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Collapsing Doji Star’ candlestick chart pattern is discovered. The candles form ‘Collapsing Doji Star’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.879900000 |
| 2nd High | 0.874000000 |
| Next High | 0.866400000 |
| Current Price | 0.848000000 |
| Next Low | 0.844100000 |
| 2nd Low | 0.831900000 |
| 3rd Low | 0.826700000 |
0.866400000 – 0.874000000 – 0.879900000 – 0.844100000 – 0.853000000 – 0.856900000 — 48.894632493397 – 44.285045877988
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Collapsing Doji Star – – –