ADA/USDT – 30M – SELL

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

The bearish trend downwards to the next support line at will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.954000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.954000000 – 0.937200000 – 0.909700000 – 0.914300000 – 0.882500000 – 0.865800000 — 39.806861700164 – 33.936481755381

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