ADA/USDT – 1H – SELL

And also a ‘Double top chart pattern’ chart formation is found. The chart picture shows ‘Double top chart pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

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

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

And also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative 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 –