The combination Cardano/Tether (ADA/USDT) jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 1.080700000 is expected.
Caution: A possible change in the direction of resistance at 1.130000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.198800000 |
2nd High | 1.181900000 |
Next High | 1.130000000 |
Current Price | 1.102700000 |
Next Low | 1.080700000 |
2nd Low | 1.077400000 |
3rd Low | 1.072800000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows