ADA/USDT – 30M – SELL

The currency pair Cardano/Tether (ADA/USDT) moves from the bearish trendline down.

A continuation of the bearish trend down to the next support at 0.883500000 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.966400000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Outside Down’ candle pattern is detected. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Download ADA/USDT Signal Image

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down