The combination Cardano/Tether (ADA/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support at 1.077400000 will continue.
Caution: A possible change in the direction of the resistance level at 1.181900000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. 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 | 1.220000000 |
2nd High | 1.198800000 |
Next High | 1.181900000 |
Current Price | 1.095500000 |
Next Low | 1.077400000 |
2nd Low | 1.072800000 |
3rd Low | 0.994000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows