ADA/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish trend down to the next support level at 0.1654 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.190000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.190000000 – 0.187 – 0.1758 – 0.1654 – 0.1712 – 0.1677 —
0.190000000 – 0.186600000 —
78.473668066457 – 47.251815546067 —
0.190000000 – 1781528400 —
– 1781528400

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –