ADA/USDT – 4H – SELL

Furthermore a ‘Double top chart pattern’ chart pattern is existing. The chart picture forms ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support at 0.826700000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.879900000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Three Outside Down’ candlestick chart pattern is existing. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.879900000 – 0.964300000 – 0.942600000 – 0.826700000 – 0.821800000 – 0.837100000 — 41.128087388332 – 37.466870852571

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down – Double top chart pattern – –