The currency pair Cardano/Tether (ADA/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 0.1641 will persist.
Caution: A possible change in the direction of resistance at 0.1745 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
Besides a ‘Falling Window’ candle pattern is detected. The candles form ‘Falling Window’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2319 |
| 2nd High | 0.2184 |
| Next High | 0.1745 |
| Current Price | 0.168400000 |
| Next Low | 0.1641 |
| 2nd Low | 0.1582 |
| 3rd Low | 0.158 |
0.1719 – 0.1681 – 0.1668 – 0.1641 – 0.1582 – 0.1586 —
0.169800000 – 0.172400000 —
55.192504946278 – 57.607616531622 —
– —
0.1719 – 1781200800
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Falling Window – – –