ADA/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 0.2496 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.272 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘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 success rate of a ‘Three Black Crows’ heading down is 82%.

0.272 – 0.278 – 0.285 – 0.2496 – 0.2517 – 0.2651 —
0.252900000 – 0.255300000 —
34.928196450585 – 44.673747085835 —
– —
0.272 – 1772780400

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