ADA/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

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

A bearish trend down to the next support level at 0.888100000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.964300000 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘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 success rate of a ‘Three Black Crows’ going down is 82%.

0.964300000 – 0.921900000 – 0.942600000 – 0.888100000 – 0.891200000 – 0.821800000 — 50.462092819537 – 44.133826113279

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