Sell ADA/USDT – 30M – SELL

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

A bearish descent down to the next support at 0.929400000 will continue.

Caution: A possible change in the direction of the resistance level at 0.989900000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. 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 Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 1.097800000
2nd High 1.073000000
Next High 0.989900000
Current Price 0.911500000
Next Low 0.929400000
2nd Low 0.851800000
3rd Low 0.770000000

Download ADA/USDT Signal Image

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