ADA/USDT – 1H – SELL

The combination Cardano/Tether (ADA/USDT) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support level at 0.769400000 will persist.

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

Moreover a ‘RSI fall below 30’ indicator signal is existing. The indicator is ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair could go down.

Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

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

0.789800000 – 0.809900000 – 0.855900000 – 0.769400000 – 0.779900000 – 0.814100000 — 33.140512650757 – 27.550261957643

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