ADA/USDT – 30M – SELLThe combination Cardano/Tether (ADA/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.318 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.362 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair is likely to fall.
Additionally a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3707 |
| 2nd High | 0.3647 |
| Next High | 0.362 |
| Current Price | 0.321700000 |
| Next Low | 0.318 |
| 2nd Low | 0.2737 |
| 3rd Low |
0.362 – 0.3647 – 0.3636 – 0.318 – 0.3272 – 0.3473 —
0.326900000 – 0.328900000 —
23.558443574166 – 38.497641200767 —
– —
0.36200 – 1769630400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –