The combination Cardano/Tether (ADA/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support at 0.2571 is expected.
Caution: A possible change in the direction of the resistance level at 0.272 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ” indicator signal is found. The indicator shows ”. this is usually a bearish chart scenario. The currency pair could go down.
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There is also a ‘MACD crosses below signal’ indicator signal is found. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair could go down.
There is also a ‘Collapsing Doji Star’ candlestick chart pattern is existing. The chart forms ‘Collapsing Doji Star’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.285 |
| 2nd High | 0.278 |
| Next High | 0.272 |
| Current Price | 0.252500000 |
| Next Low | 0.2571 |
| 2nd Low | 0.2536 |
| 3rd Low | 0.2504 |
0.272 – 0.278 – 0.285 – 0.2571 – 0.2671 – 0.2651 —
0.258700000 – 0.258300000 —
26.308925634967 – 30.591539723171 —
– —
0.272 – 1772782200
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Collapsing Doji Star – – –