ADA/USDT – 1H – SELLThe pair Cardano/Tether (ADA/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 1.038900000 is certain.
Caution: A possible counter-trend in the direction of resistance at 1.096900000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. 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 | 1.181900000 |
| 2nd High | 1.133200000 |
| Next High | 1.096900000 |
| Current Price | 1.073900000 |
| Next Low | 1.038900000 |
| 2nd Low | 0.910000000 |
| 3rd Low | 0.874300000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows