ADA/USDT – 30M – SELLBesides a ‘Double top chart pattern’ chart pattern is existing. The chart picture forms ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.8603188 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.887200000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.954000000 |
| 2nd High | 0.902500000 |
| Next High | 0.887200000 |
| Current Price | 0.864100000 |
| Next Low | 0.866800000 |
| 2nd Low | 0.856600000 |
| 3rd Low | 0.853000000 |
0.887200000 – 0.884100000 – 0.866100000 – 0.866800000 – 0.856600000 – 0.853000000 — 46.218924646587 – 38.308329697118
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – – Double top chart pattern – –