ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at 0.2671 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.278 could be enabled.
Consider stop-loss settings accordingly.

In addition a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.2651 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of support at 0.278 could be enabled.
Consider stop-loss settings accordingly.

In addition a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.278 – 0.285 – 0.2743 – 0.2671 – 0.2651 – 0.2702 —
0.270200000 – 0.271600000 —
44.206635274884 – 49.264281153136 —
– —
0.278 – 1772713800

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