ADA/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support line at 0.2685 will continue.

Caution: A possible change in the direction of the resistance level at 0.299200000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.299200000 – 0.3319 – 0.3647 – 0.2685 – 0.3161 – 0.318 —
0.299200000 – 0.295300000 —
42.887826146181 – 41.219243855721 —
0.299200000 – 1769929200 —
– 1769929200

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