ADA/USDT – 30M – SELL

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

A descending movement down to the next support level at 0.789800000 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.855900000 could occur.
Consider stop-loss settings accordingly.

Then a ‘Three Outside Down’ candle chart pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.806900000 – 0.801200000 – 0.774000000 – 0.789800000 – 0.775900000 – 0.741700000 — 53.968972299507 – 46.739969177858

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down – – –