ADA/USDT – 4H – SELLThe currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline down.
A bearish movement down to the next support line at 0.696100000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 1.154200000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.154200000 |
| Current Price | 0.976100000 |
| Next Low | 0.696100000 |
| 2nd Low | 0.541700000 |
| 3rd Low | 0.328700000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows