ADA/USDT – 30M – SELLThe combination Cardano/Tether (ADA/USDT) goes from the ascending trendline down.
A descent down to the next support line at 1.113800000 is certain.
Caution: A possible change in the direction of the resistance zone at 1.198800000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.1138 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 1.198800000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘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 success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.224000000 |
| 2nd High | 1.220000000 |
| Next High | 1.198800000 |
| Current Price | 1.115800000 |
| Next Low | 1.113800000 |
| 2nd Low | 1.056700000 |
| 3rd Low | 1.055700000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows