And also a ‘Double top chart pattern’ chart pattern is found. The chart shows ‘Double top chart pattern’. this is a bearish pattern signal. The pair is likely to go down.
The pair Cardano/Tether (ADA/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.730100000 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.789300000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candle chart pattern is found. 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 chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.809900000 |
| 2nd High | 0.789800000 |
| Next High | 0.789300000 |
| Current Price | 0.727600000 |
| Next Low | 0.730100000 |
| 2nd Low | 0.711400000 |
| 3rd Low | 0.710500000 |
0.789300000 – 0.789800000 – 0.809900000 – 0.730100000 – 0.769400000 – 0.779900000 — 26.687654081518 – 24.50544234704
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – Double top chart pattern –