ADA/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support line at 0.3161 is certain.

Caution: A possible change in the direction of the resistance zone at 0.3319 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

And also a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.3319 – 0.3647 – 0.3636 – 0.3161 – 0.318 – 0.3546 —
0.319200000 – 0.311400000 —
30.913174652416 – 28.399078885498 —
– —
0.33190 – 1769799600

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