Sell ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.

A descending movement down to the next support level at 0.874300000 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 0.989900000 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. 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 1.097800000
2nd High 1.073000000
Next High 0.989900000
Current Price 0.903900000
Next Low 0.874300000
2nd Low 0.851800000
3rd Low 0.770000000

Download ADA/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals