ADA/USDT – 1H – SELLThe currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards
A bearish descent down to the next support level at 1.021100000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.148000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The 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 | 1.154200000 |
| Next High | 1.148000000 |
| Current Price | 1.058300000 |
| Next Low | 1.021100000 |
| 2nd Low | 0.770000000 |
| 3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows