The currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline down.
A bearish descent down to the next support at 0.858900000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.940300000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. 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 | 1.121000000 |
Next High | 0.940300000 |
Current Price | 0.865600000 |
Next Low | 0.858900000 |
2nd Low | 0.696100000 |
3rd Low | 0.541700000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows