ADA/USDT – 30M – SELLThe pair Cardano/Tether (ADA/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.866800000 will persist.
Caution: A possible change in the direction of the resistance zone at 0.884100000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. 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 | 0.954000000 |
| 2nd High | 0.902500000 |
| Next High | 0.884100000 |
| Current Price | 0.869600000 |
| Next Low | 0.866800000 |
| 2nd Low | 0.856600000 |
| 3rd Low | 0.853000000 |
0.884100000 – 0.866100000 – 0.870000000 – 0.866800000 – 0.856600000 – 0.853000000 — 42.622673143285 – 39.538509313543
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –