ADA/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support level at 0.2671 is certain.

Caution: A possible trend reversal in the direction of resistance at 0.278 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.2651 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 0.278 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. which is a bearish chart scenario. 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%.

0.278 – 0.285 – 0.2743 – 0.2671 – 0.2651 – 0.2702 —
0.270200000 – 0.271600000 —
44.206635274884 – 49.264281153136 —
– —
0.278 – 1772713800

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