Sell ADA/USDT – 30M – SELL

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:

Forex and Crypto Live Trading Signals - MyLiveSignals