ADA/USDT – 4H – SELL

The combination Cardano/Tether (ADA/USDT) goes from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 0.2685 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.3647 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.2685 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support line at 0.3647 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.3647 – 0.3707 – 0.3739 – 0.2685 – 0.3465 – 0.3466 —
0.300400000 – 0.302700000 —
42.258270660389 – 46.659259323178 —
– —
0.3647 – 1769587200

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