ADA/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.2184 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Three Outside Down’ candle pattern is discovered. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.2184 – 0.2319 – 0.2376 – 0.2074 – 0.2254 – 0.2319 —
0.214700000 – 0.208800000 —
38.032275482997 – 28.849170623248 —
– —
0.2184 – 1780480800

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