The pair Cardano/Tether (ADA/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 0.2757 is considered certain.
Caution: A possible change in the direction of resistance at 0.3034 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI %K falls below 0.8’ indicator signal is found. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative chart scenario. The currency pair could go down.
And also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
And also a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. 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 | 0.3647 |
| 2nd High | 0.3319 |
| Next High | 0.3034 |
| Current Price | 0.282300000 |
| Next Low | 0.2757 |
| 2nd Low | 0.2685 |
| 3rd Low |
0.3034 – 0.2936 – 0.2992 – 0.2934 – 0.2757 – 0.2685 —
0.299200000 – 0.304000000 —
48.290837615867 – 46.124080204926 —
– —
0.3034 – 1770055200
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –