ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) goes from the bearish trendline down.

A continuation of the downtrend downwards to the next support level at 1.080700000 will persist.

Caution: A possible change in the direction of the resistance level at 1.133200000 should always be considered.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 1.0728 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 1.133200000 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Download ADA/USDT Signal Image

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows