ADA/USDT – 4H – SELLThe currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline downwards
The bearish trend down to the next support at 1.038900000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.181900000 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.326400000 |
| Next High | 1.181900000 |
| Current Price | 0.907800000 |
| Next Low | 1.038900000 |
| 2nd Low | 0.910000000 |
| 3rd Low | 0.874300000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows