ADA/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 0.826000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.842500000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.842500000 – 0.840300000 – 0.828100000 – 0.826000000 – 0.800300000 – 0.781800000 — 54.39160558817 – 50.644974840399

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