ADA/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 0.2671 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.278 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.2651 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 0.278 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. 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 – – –