The currency pair Cardano/Tether (ADA/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.2737 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.3319 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K falls below 0.8’ indicator signal is found. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair is likely to fall.
There is also a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. 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 | 0.3707 |
| 2nd High | 0.3647 |
| Next High | 0.3319 |
| Current Price | 0.296300000 |
| Next Low | 0.2737 |
| 2nd Low | |
| 3rd Low |
0.3319 – 0.3647 – 0.3636 – 0.3161 – 0.318 – 0.3546 —
0.316400000 – 0.310100000 —
26.382479273908 – 25.516897245939 —
– —
0.33190 – 1769799600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –