ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.
A descending movement down to the next support level at 0.865800000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.909700000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Two Crows’ candle chart pattern is discovered. The candles show ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.964300000 |
| 2nd High | 0.928400000 |
| Next High | 0.909700000 |
| Current Price | 0.900500000 |
| Next Low | 0.865800000 |
| 2nd Low | 0.852500000 |
| 3rd Low | 0.823000000 |
0.909700000 – 0.898100000 – 0.894800000 – 0.865800000 – 0.872400000 – 0.852500000 — 61.054825629119 – 57.16936106133
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Two Crows – – –