ADA/USDT – 30M – SELLAnd also a ‘Double top chart pattern’ chart pattern is detected. The chart shows ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The currency pair Cardano/Tether (ADA/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.4061 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.4116 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘RSI fall below 30’ indicator layout is detected. The indicator is ‘RSI fall below 30’. which could be a negative signal. The currency pair could go down.
And also a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.4293 |
| 2nd High | 0.4157 |
| Next High | 0.4116 |
| Current Price | 0.403200000 |
| Next Low | 0.4061 |
| 2nd Low | 0.4035 |
| 3rd Low | 0.3854 |
0.4116 – 0.4157 – 0.4293 – 0.4061 – 0.4081 – 0.4079 — 40.06330096931 – 27.327166718079 — 34.122204361225 – 22.372921685851 – 23.747779624009 – 26.124002514871
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – – Double top chart pattern – –