ADA/USDT – 30M – SELLThe pair Cardano/Tether (ADA/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 0.2681 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.2766 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Collapsing Doji Star’ candlestick chart pattern is discovered. The chart shows ‘Collapsing Doji Star’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2843 |
| 2nd High | 0.2786 |
| Next High | 0.2766 |
| Current Price | 0.269800000 |
| Next Low | 0.2681 |
| 2nd Low | 0.267 |
| 3rd Low | 0.2205 |
0.2766 – 0.2763 – 0.2786 – 0.2681 – 0.267 – 0.2686 —
0.271600000 – 0.272600000 —
43.591205415896 – 53.187846100383 —
– —
0.2766 – 1770591600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Collapsing Doji Star – – –