ADA/USDT – 30M – SELLThe pair Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards
A descending movement down to the next support at 0.904300000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.974000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.119400000 |
| 2nd High | 1.116200000 |
| Next High | 0.974000000 |
| Current Price | 0.921000000 |
| Next Low | 0.904300000 |
| 2nd Low | 0.883500000 |
| 3rd Low | 0.879800000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows