ADA/USDT – 1H – SELL

The currency pair Cardano/Tether (ADA/USDT) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 0.821800000 will continue.

Caution: A possible change in the direction of the resistance line at 0.959700000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish 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’ going down is 82%.

0.892600000 – 0.959700000 – 0.987800000 – 0.821800000 – 0.837100000 – 0.895100000 — 58.327430925975 – 52.896130553514

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