ADA/USDT – 1H – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

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

A bearish movement downwards to the next support at 0.2475 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 0.2528 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

In addition 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.

In addition a ‘Three Outside Down’ candle pattern is found. The chart forms ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.2528 – 0.2515 – 0.2504 – 0.2475 – 0.247 – 0.2383 —
0.251800000 – 0.254500000 —
53.66517557039 – 65.627074983056 —
– —
0.2528 – 1777755600

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –