ADA/USDT – 1H – SELL

Then a ‘Double top chart pattern’ chart formation is found. The formation shows ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The currency pair Cardano/Tether (ADA/USDT) moves from the descending trendline down.

A continuation of the bearish trend downwards to the next support at 0.730100000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.789300000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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 –