ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) jumps from the ascending trendline downwards

A bearish movement down to the next support level at 0.1578 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.1694 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Outside Down’ candle pattern is found. The candles show ‘Three Outside Down’. which is a negative signal. 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).

0.1671 – 0.1653 – 0.1664 – 0.1578 – 0.1578 – 0.1611 —
0.168300000 – 0.167900000 —
66.947434486966 – 62.429322911304 —
– —
0.1671 – 1784307600

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