ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) moves from the descending trendline down.

A continuation of the downtrend downwards to the next support level at 0.889800000 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.904800000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Outside Down’ chart pattern is found. The chart forms ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.904800000 – 0.906500000 – 0.937800000 – 0.889800000 – 0.889800000 – 0.887100000 — 56.195916680947 – 44.150871301929

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