The combination Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.850700000 is expected.
Caution: A possible change in the direction of the resistance level at 0.912300000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘Three Black Crows’. which 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’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.940300000 |
2nd High | 0.928100000 |
Next High | 0.912300000 |
Current Price | 0.854700000 |
Next Low | 0.850700000 |
2nd Low | 0.770000000 |
3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows