The currency pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards
A bearish descent down to the next support at 0.929400000 will continue.
Caution: A possible change in the direction of the resistance level at 0.989900000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. 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 | 1.097800000 |
2nd High | 1.073000000 |
Next High | 0.989900000 |
Current Price | 0.911500000 |
Next Low | 0.929400000 |
2nd Low | 0.851800000 |
3rd Low | 0.770000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows