ADA/USDT – 4H – SELL

The combination Cardano/Tether (ADA/USDT) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 0.2685 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.305 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ going down is 82%.

0.305 – 0.3647 – 0.3707 – 0.2685 – 0.3465 – 0.3466 —
0.304000000 – 0.293300000 —
40.478671009553 – 38.757757465858 —
– —
0.305 – 1770120000

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