The currency pair Cardano/Tether (ADA/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 0.858900000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.932700000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.133200000 |
2nd High | 1.121000000 |
Next High | 0.932700000 |
Current Price | 0.916400000 |
Next Low | 0.858900000 |
2nd Low | 0.851800000 |
3rd Low | 0.770000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows