ADA/USDT – 4H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

The currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards

A bearish movement down to the next support line at 0.2594 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.3136 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.2504 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.3136 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Outside Down’ candle chart pattern is detected. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.3136 – 0.2938 – 0.2899 – 0.2594 – 0.2536 – 0.267 —
0.274500000 – 0.267400000 —
45.128684662921 – 40.585383432158 —
– —
0.3136 – 1772049600

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