ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support line at is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.838900000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.
Besides a ‘Matching Low’ candlestick pattern is found. The candles form ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.866400000 |
| 2nd High | 0.850000000 |
| Next High | 0.838900000 |
| Current Price | 0.828300000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.838900000 – 0.850000000 – 0.818800000 – 0.818300000 – 0.802600000 – 0.813900000 — 46.822731602719 – 46.296342611589
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Matching Low – – –