ADA/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at 0.730100000 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.789300000 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.789300000 – 0.779200000 – 0.789800000 – 0.730100000 – 0.752100000 – 0.769400000 — 34.798643535849 – 33.166115368493

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