ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline down.
The bearish trend down to the next support line at 1.172300000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.220000000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘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 chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.228000000 |
| 2nd High | 1.224000000 |
| Next High | 1.220000000 |
| Current Price | 1.177700000 |
| Next Low | 1.172300000 |
| 2nd Low | 1.113800000 |
| 3rd Low | 1.056700000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows