The combination Cardano/Tether (ADA/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.2475 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.2528 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI Hidden Bearish Divergence’ indicator signal is existing. The indicator is ‘StochRSI Hidden Bearish Divergence’. signal.
There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
There is also a ‘Three Outside Down’ candle pattern is existing. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2561 |
| 2nd High | 0.254 |
| Next High | 0.2528 |
| Current Price | 0.251600000 |
| Next Low | 0.2475 |
| 2nd Low | 0.247 |
| 3rd Low | 0.2383 |
0.2528 – 0.2515 – 0.2504 – 0.2475 – 0.247 – 0.2383 —
0.251500000 – 0.253400000 —
48.267578633221 – 61.955434811693 —
– —
0.2528 – 1777755600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down – – –