ADA/USDT – 30M – SELLThe pair Cardano/Tether (ADA/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 0.318 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.362 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.
Also there is a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3707 |
| 2nd High | 0.3647 |
| Next High | 0.362 |
| Current Price | 0.321600000 |
| Next Low | 0.318 |
| 2nd Low | 0.2737 |
| 3rd Low |
0.362 – 0.3647 – 0.3636 – 0.318 – 0.3272 – 0.3473 —
0.329500000 – 0.325700000 —
40.968761083532 – 39.249699717319 —
– —
0.36200 – 1769630400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –