ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) moves from the bullish trendline down.

A bearish trend down to the next support line at 0.850700000 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.928100000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.8718456 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.928100000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Download ADA/USDT Signal Image

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