Sell ADA/USDT – 1H – SELL

The combination Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards

A bearish trend downwards to the next support line at 0.850700000 is expected.

Caution: A possible change in the direction of the resistance level at 0.912300000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles show ‘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 likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 0.940300000
2nd High 0.928100000
Next High 0.912300000
Current Price 0.854700000
Next Low 0.850700000
2nd Low 0.770000000
3rd Low 0.765500000

Download ADA/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals