ADA/USDT – 30M – SELLThe pair Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards
A bearish descent downwards to the next support level at 0.706400000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.779800000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.7064 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 0.779800000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.819300000 |
| Next High | 0.779800000 |
| Current Price | 0.713000000 |
| Next Low | 0.706400000 |
| 2nd Low | 0.541700000 |
| 3rd Low | 0.431300000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows