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: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows