ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) goes from the bullish trendline downwards

A bearish movement downwards to the next support at 0.245 is expected.

Caution: A possible change in the direction of the resistance line at 0.2488 could occur.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.243 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 0.2488 could occur.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.2488 – 0.2485 – 0.2487 – 0.245 – 0.243 – 0.2463 —
0.248000000 – 0.246600000 —
49.401478821881 – 42.343150358154 —
– —
0.2488 – 1777352400

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