ADA/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards

A descent downwards to the next support line at 0.901100000 is certain.

Caution: A possible change in the direction of the resistance zone at 0.977700000 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading 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 – –