ADA/USDT – 1H – SELL

Next a ‘Double top chart pattern’ chart formation is found. The formation shows ‘Double top chart pattern’. this is a bearish signal. The currency pair is likely to fall.

The currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards

A descending movement downwards to the next support at 0.904500000 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.987800000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Next a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

0.987800000 – 0.977700000 – 0.964300000 – 0.904500000 – 0.901100000 – 0.910700000 — 34.939754685504 – 30.323378900203

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Black Crows – Double top chart pattern – –