The pair Cardano/Tether (ADA/USDT) goes from the bullish trendline downwards
A descent down to the next support at 0.892800000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.030900000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.073000000 |
2nd High | 1.041900000 |
Next High | 1.030900000 |
Current Price | 0.984800000 |
Next Low | 0.892800000 |
2nd Low | 0.874300000 |
3rd Low | 0.851800000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows