ADA/USDT – 30M – SELL

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

A bearish movement downwards to the next support at 0.885500000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.937800000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Outside Down’ candle chart pattern is discovered. The chart forms ‘Three Outside Down’. this 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 likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.937800000 – 0.938600000 – 0.925600000 – 0.885500000 – 0.908000000 – 0.899600000 — 39.47186185505 – 38.691491931624

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