ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 1.037500000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.077800000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish 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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.149800000 |
| 2nd High | 1.097000000 |
| Next High | 1.077800000 |
| Current Price | 1.060400000 |
| Next Low | 1.037500000 |
| 2nd Low | 0.969300000 |
| 3rd Low | 0.892800000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows