ADA/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at 0.2517 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.272 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. this 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 likelyhood of ‘Three Black Crows’ going down is 82%.

0.272 – 0.278 – 0.285 – 0.2517 – 0.2571 – 0.2671 —
0.256900000 – 0.255600000 —
38.273688779329 – 40.820941925131 —
– —
0.272 – 1772782200

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