ADA/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support at 0.826700000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.964300000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.964300000 – 0.921900000 – 0.942600000 – 0.826700000 – 0.888100000 – 0.891200000 — 55.995412572326 – 51.247219020372

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