ADA/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A bearish movement down to the next support line at 0.726700000 will persist.

Caution: A possible change in the direction of resistance at 0.768300000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Three Outside Down’ candlestick chart pattern is existing. The chart forms ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.768300000 – 0.756200000 – 0.777400000 – 0.726700000 – 0.688400000 – 0.693300000

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