ADA/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 0.781800000 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.845200000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.845200000 – 0.828900000 – 0.838000000 – 0.781800000 – 0.794400000 – 0.816800000 — 44.047810593986 – 42.971963276215

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