ADA/USDT – 30M – SELLThe pair Cardano/Tether (ADA/USDT) jumps from the descending trendline down.
A continuation of the downtrend down to the next support line at 0.831900000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.874800000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘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 chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.928400000 |
| 2nd High | 0.879800000 |
| Next High | 0.874800000 |
| Current Price | 0.862600000 |
| Next Low | 0.831900000 |
| 2nd Low | 0.826700000 |
| 3rd Low | 0.821800000 |
0.874800000 – 0.879800000 – 0.928400000 – 0.831900000 – 0.826700000 – 0.855000000 — 57.648484485532 – 52.901112846285
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –