The pair Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards
A bearish movement downwards to the next support at 0.2454 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.2615 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. 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 | 0.2769 |
| 2nd High | 0.2664 |
| Next High | 0.2615 |
| Current Price | 0.253100000 |
| Next Low | 0.2454 |
| 2nd Low | 0.2438 |
| 3rd Low | 0.2381 |
0.2615 – 0.2518 – 0.2505 – 0.2454 – 0.2438 – 0.2381 —
0.258600000 – 0.255200000 —
59.954560338239 – 46.601652010443 —
– —
0.2615 – 1776369600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –