ADA/USDT – 30M – SELL

Furthermore a ‘Double top chart pattern’ chart formation is discovered. The chart picture shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to go down.

The currency pair Cardano/Tether (ADA/USDT) jumps from the bearish trendline down.

A continuation of the downtrend down to the next support line at 0.853000000 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.878400000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Three Inside Down’ candle pattern is existing. The chart forms ‘Three Inside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

0.878400000 – 0.876400000 – 0.874800000 – 0.853000000 – 0.856900000 – 0.831900000 — 39.012244037111 – 36.167415342107

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Inside Down – Double top chart pattern – –