ADA/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 0.800300000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.845200000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.828100000 – 0.845200000 – 0.828900000 – 0.800300000 – 0.781800000 – 0.794400000 — 52.782405967999 – 51.687887123822

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down – – –