ADA/USDT – 1H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The combination Cardano/Tether (ADA/USDT) jumps from the ascending trendline down.

A descending movement downwards to the next support level at 0.779900000 is likely expected.

Caution: A possible change in the direction of the resistance line at 0.809900000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Inside Down’ candle chart pattern is detected. The chart shows ‘Three Inside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.809900000 – 0.855900000 – 0.839400000 – 0.779900000 – 0.814100000 – 0.774700000 — 37.94210716547 – 34.953525469318

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Inside Down – Symmetrical Triangle Chart Pattern –