The currency pair Cardano/Tether (ADA/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 0.994000000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 1.151000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. 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 | 1.220000000 |
2nd High | 1.198800000 |
Next High | 1.151000000 |
Current Price | 1.073100000 |
Next Low | 0.994000000 |
2nd Low | 0.910000000 |
3rd Low | 0.892800000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows