ADA/USDT – 1H – SELLThe currency pair Cardano/Tether (ADA/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 1.077400000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 1.130000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish pattern 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.228000000 |
| 2nd High | 1.181900000 |
| Next High | 1.130000000 |
| Current Price | 1.071500000 |
| Next Low | 1.077400000 |
| 2nd Low | 0.910000000 |
| 3rd Low | 0.874300000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows