ADA/USDT – 1H – SELLThe currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline down.
The bearish trend downwards to the next support line at 0.770000000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 1.154200000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.154200000 |
| Current Price | 1.076100000 |
| Next Low | 0.770000000 |
| 2nd Low | 0.765500000 |
| 3rd Low | 0.720000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows