ADA/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 0.2695 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.2731 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Three Outside Down’ chart pattern is found. The candles form ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.2731 – 0.2788 – 0.2647 – 0.2695 – 0.2601 – 0.2596 —
0.272600000 – 0.271900000 —
49.776066686343 – 45.574892728567 —
– —
0.2731 – 1778351400

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