ADA/USDT – 30M – SELL

The pair goes from the bullish trendline downwards

A bearish movement downwards to the next support line at 0.563500000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.597000000 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.5431 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 0.597000000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. 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%.

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Trading Signals: CRYPTO – ADA – ADA/USDT – USDT