ADA/USDT – 30M – SELL

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

A descending movement downwards to the next support at 0.824100000 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 0.900800000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

0.833700000 – 0.839400000 – 0.838700000 – 0.824100000 – 0.814600000 – 0.814100000 — 51.144983969812 – 50.180112393808

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