ADA/USDT – 4H – SELLThe currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline down.
A bearish trend down to the next support line at 1.113800000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1.326400000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. 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 | |
| 2nd High | |
| Next High | 1.326400000 |
| Current Price | 1.177900000 |
| Next Low | 1.113800000 |
| 2nd Low | 1.037500000 |
| 3rd Low | 0.874300000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows