The pair Cardano/Tether (ADA/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.853000000 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.889800000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candle 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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.904800000 |
| 2nd High | 0.902600000 |
| Next High | 0.889800000 |
| Current Price | 0.818700000 |
| Next Low | 0.853000000 |
| 2nd Low | 0.852400000 |
| 3rd Low | 0.823000000 |
0.889800000 – 0.902600000 – 0.904800000 – 0.875000000 – 0.877100000 – 0.889800000 — 18.979178648126 – 14.855505961493
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –