ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support line at is certain.

Caution: A possible change in the direction of the resistance line at 0.892500000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.

Next a ‘Three Black Crows’ candle pattern is found. The chart forms ‘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 probability of ‘Three Black Crows’ heading down is 82%.

0.892500000 – 0.864700000 – 0.959700000 – 0.837100000 – 0.842900000 – 0.895100000 — 54.442958514993 – 50.265086956074

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