ADA/USDT – 1H – SELL

Also there is a ‘Double bottom retreat down’ chart pattern is discovered. The chart forms ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to go down.

The combination Cardano/Tether (ADA/USDT) moves from the ascending trendline downwards

A bearish descent down to the next support at 0.775900000 will continue.

Caution: A possible change in the direction of the resistance line at 0.855900000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Outside Down’ chart pattern is detected. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.806900000 – 0.748000000 – 0.758600000 – 0.775900000 – 0.734000000 – 0.710700000 — 52.173099560402 – 49.843599898447

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down – Double bottom retreat down – –