ADA/USDT – 1H – SELLThe currency pair Cardano/Tether (ADA/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support level at 0.720000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.848400000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.848400000 |
| Current Price | 0.793200000 |
| Next Low | 0.720000000 |
| 2nd Low | 0.717100000 |
| 3rd Low | 0.696100000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows