ADA/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 0.810000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.844400000 should always be considered.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.81 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.844400000 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.844400000 – 0.848600000 – 0.866400000 – 0.810000000 – 0.814800000 – 0.844100000 — 34.134212428313 – 31.544552938983

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