ADA/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support level at 0.710700000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.758600000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which is a negative chart scenario. 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%.

0.758600000 – 0.789300000 – 0.789800000 – 0.710700000 – 0.708500000 – 0.730100000 — 54.218151769531 – 51.326287806811

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