ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline down.
The bearish trend down to the next support line at 1.056700000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 1.151000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. 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 | 1.220000000 |
| 2nd High | 1.198800000 |
| Next High | 1.151000000 |
| Current Price | 1.031200000 |
| Next Low | 1.056700000 |
| 2nd Low | 1.055700000 |
| 3rd Low | 1.037500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows