ADA/USDT – 30M – SELL

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

A bearish trend down to the next support at 0.855600000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.894700000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Outside Down’ chart pattern is discovered. The candles form ‘Three Outside Down’. 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 chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.894700000 – 0.838500000 – 0.828100000 – 0.855600000 – 0.857900000 – 0.823000000 — 47.862132674539 – 40.390791977867

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down – – –