ADA/USDT – 4H – SELL

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

A continuation of the downtrend down to the next support at 0.2408 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 0.268 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Three Black Crows’ chart pattern is existing. The candles show ‘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 success rate of a ‘Three Black Crows’ going down is 82%.

0.268 – 0.2664 – 0.2514 – 0.2408 – 0.2354 – 0.24 —
0.252500000 – 0.256200000 —
52.532865077228 – 58.830737330782 —
– —
0.268 – 1776427200

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