ADA/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.

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

A descending movement downwards to the next support line at 0.726700000 is certain.

Caution: A possible trend reversal in the direction of resistance at 0.768300000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Then a ‘Three Outside Down’ chart pattern is discovered. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.768300000 – 0.756200000 – 0.777400000 – 0.726700000 – 0.688400000 – 0.693300000

Trading Signals: FOREX – ADA – ADA/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern