ADA/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support level at 0.774700000 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.838700000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.838700000 – 0.937300000 – 0.837200000 – 0.774700000 – 0.837000000 – 0.810400000 — 45.855695143733 – 42.825645376826

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