ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) jumps from the bearish trendline down.

A continuation of the downtrend downwards to the next support line at 0.1654 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.1814 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Outside Down’ chart pattern is detected. The chart forms ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.1814 – 0.19 – 0.187 – 0.171 – 0.1719 – 0.1755 —
0.172100000 – 0.169800000 —
35.312372356133 – 30.240231474864 —
– —
0.1814 – 1781598900

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down – – –