ADA/USDT – 30M – SELL

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

A bearish descent down to the next support line at 0.720000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.765000000 could occur.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.7505 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 0.765000000 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Download ADA/USDT Signal Image

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