ADA/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A descent down to the next support level at 0.901100000 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.977700000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. which is a bearish 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’ going down is 69% (Bull Market) & 70% (Bear Market).

0.977700000 – 0.964300000 – 1.019300000 – 0.901100000 – 0.910700000 – 0.878100000 — 42.418792297315 – 41.616966643004

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –