ADA/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 0.742000000 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.789800000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 0.7694 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.789800000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.789800000 – 0.809900000 – 0.855900000 – 0.769400000 – 0.779900000 – 0.824100000 — 27.303970754716 – 25.843182506279

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