ADA/USDT – 1H – SELLThe combination Cardano/Tether (ADA/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.4046 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.4342 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Then a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish 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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.4735 |
| 2nd High | 0.471 |
| Next High | 0.4342 |
| Current Price | 0.419600000 |
| Next Low | 0.4046 |
| 2nd Low | 0.402 |
| 3rd Low | 0.3907 |
0.4342 – 0.4218 – 0.4185 – 0.4046 – 0.402 – 0.404 — 51.991564986982 – 50.029851493315 — 82.334793372691 – 63.992949988297 – 92.446729723439 – 80.444379719538
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –