ADA/USDT – 30M – SELL

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

A bearish trend down to the next support at 0.929400000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 1.073000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.9294 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 1.073000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘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