ADA/USDT – 1H – SELL

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

The bearish trend downwards to the next support at 0.247 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.268 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.2599 – 0.255 – 0.2528 – 0.247 – 0.2473 – 0.2475 —
0.257900000 – 0.265700000 —
60.405148870252 – 70.099293474609 —
– —
0.2599 – 1777975200

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