ADA/USDT – 1H – SELL

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

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

The bearish trend down to the next support line at 0.888100000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.964300000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading 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 – –