ADA/USDT – 30M – SELL

Furthermore a ‘Double top chart pattern’ chart formation is discovered. The chart forms ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

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

A continuation of the downtrend downwards to the next support line at 0.853000000 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 0.878400000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Three Inside Down’ chart pattern is discovered. The candles show ‘Three Inside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.878400000 – 0.876400000 – 0.874800000 – 0.853000000 – 0.856900000 – 0.831900000 — 39.012244037111 – 36.167415342107

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Inside Down – Double top chart pattern – –