ADA/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support line at 0.878100000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.964300000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.964300000 – 1.019300000 – 0.833800000 – 0.910700000 – 0.878100000 – 0.765800000 — 38.554682210188 – 37.231208120482

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