ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) jumps from the descending trendline down.

A continuation of the downtrend downwards to the next support line at 0.888100000 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 0.921900000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

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

Furthermore a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish signal. The 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%.

0.921900000 – 0.939000000 – 0.942600000 – 0.888100000 – 0.906500000 – 0.891200000 — 51.862751114732 – 49.913887114178

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