The currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline down.
A bearish descent downwards to the next support line at 1.056700000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | |
Current Price | 1.269900000 |
Next Low | 1.056700000 |
2nd Low | 1.055700000 |
3rd Low | 1.037500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows