ADA/USDT – 1H – SELLThe pair Cardano/Tether (ADA/USDT) goes from the ascending trendline down.
A bearish descent down to the next support level at 1.140100000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 1.326400000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.326400000 |
| Current Price | 1.193500000 |
| Next Low | 1.140100000 |
| 2nd Low | 1.056700000 |
| 3rd Low | 1.037500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows