ADA/USDT – 1H – SELLThe combination Cardano/Tether (ADA/USDT) moves from the descending trendline down.
A continuation of the downward movement down to the next support line at 1.052200000 will persist.
Caution: A possible counter-trend in the direction of the resistance level at 1.119000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.181900000 |
| 2nd High | 1.133200000 |
| Next High | 1.119000000 |
| Current Price | 1.093700000 |
| Next Low | 1.052200000 |
| 2nd Low | 1.038900000 |
| 3rd Low | 0.910000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows