ADA/USDT – 30M – SELL

The currency pair Cardano/Tether (ADA/USDT) jumps from the descending trendline downwards

A continuation of the downward movement down to the next support line at 0.817400000 will continue.

Caution: A possible change in the direction of the resistance line at 0.838700000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency 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%.

0.838700000 – 0.827800000 – 0.818700000 – 0.817400000 – 0.817200000 – 0.774700000 — 43.724589571062 – 38.905217632843

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