The combination Cardano/Tether (ADA/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.3839 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.4036 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.
Besides a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.4228 |
| 2nd High | 0.4052 |
| Next High | 0.4036 |
| Current Price | 0.385500000 |
| Next Low | 0.3839 |
| 2nd Low | 0.3294 |
| 3rd Low | 0.2737 |
0.4036 – 0.3964 – 0.3925 – 0.3839 – 0.3856 – 0.3846 — 46.96946589569 – 42.316636909759 — 64.277680084914 – 47.852605231057 – 69.362204941276 – 60.586702550116
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –