ADA/USDT – 1H – SELL

The combination Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards

A descent downwards to the next support level at 0.936400000 is considered certain.

Caution: A possible change in the direction of the resistance line at 1.148000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.95985 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 1.148000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Download ADA/USDT Signal Image

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