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: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows