ADA/USDT – 1H – SELL

Besides a ‘Double top chart pattern’ chart pattern is existing. The chart picture forms ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish descent down to the next support at 0.904500000 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.987800000 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Besides a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.987800000 – 0.977700000 – 0.964300000 – 0.904500000 – 0.901100000 – 0.910700000 — 34.939754685504 – 30.323378900203

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – Double top chart pattern – –