The combination Cardano/Tether (ADA/USDT) moves from the ascending trendline downwards
A bearish movement downwards to the next support level at 0.247 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.2731 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.
Then a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The 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 | 0.2955 |
| 2nd High | 0.2769 |
| Next High | 0.2731 |
| Current Price | 0.271200000 |
| Next Low | 0.247 |
| 2nd Low | 0.2383 |
| 3rd Low | 0.2354 |
0.2731 – 0.254 – 0.2561 – 0.247 – 0.2383 – 0.243 —
0.264300000 – 0.278100000 —
55.200640827813 – 67.449618584961 —
– —
0.2731 – 1778054400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – – –