ADA/USDT – 1H – SELL

The pair Cardano/Tether (ADA/USDT) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at 0.2496 is expected.

Caution: A possible counter-trend in the direction of resistance at 0.2574 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

Besides a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.2574 – 0.272 – 0.278 – 0.2496 – 0.2517 – 0.2651 —
0.252800000 – 0.253400000 —
37.588047399973 – 44.761629389902 —
– —
0.2574 – 1772964000

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