ADA/USDT – 1H – SELL

Moreover a ‘Double top chart pattern’ chart pattern is existing. The chart shows ‘Double top chart pattern’. this is a bearish pattern signal. The pair is likely to go down.

The combination Cardano/Tether (ADA/USDT) goes from the descending trendline downwards

A continuation of the downtrend down to the next support at 0.730100000 is likely expected.

Caution: A possible change in the direction of the resistance level at 0.789300000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish pattern 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 Black Crows’ going down is 82%.

0.789300000 – 0.789800000 – 0.809900000 – 0.730100000 – 0.769400000 – 0.779900000 — 26.687654081518 – 24.50544234704

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