Sell ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.

A descending movement down to the next support at 0.783800000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.848400000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. 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 chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.848400000
Current Price 0.791500000
Next Low 0.783800000
2nd Low 0.720000000
3rd Low 0.717100000

Download ADA/USDT Signal Image

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