Sell ADA/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.866800000 will persist.

Caution: A possible change in the direction of the resistance zone at 0.884100000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. 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%.

Support & Resistance Price Range*
3rd High 0.954000000
2nd High 0.902500000
Next High 0.884100000
Current Price 0.869600000
Next Low 0.866800000
2nd Low 0.856600000
3rd Low 0.853000000

0.884100000 – 0.866100000 – 0.870000000 – 0.866800000 – 0.856600000 – 0.853000000 — 42.622673143285 – 39.538509313543

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