Sell ADA/USDT – 30M – SELL

The currency pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline down.

A descending movement downwards to the next support level at 0.924500000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.121000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 1.181900000
2nd High 1.133200000
Next High 1.121000000
Current Price 0.963500000
Next Low 0.924500000
2nd Low 0.838000000
3rd Low 0.829600000

Download ADA/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals