ADA/USDT – 30M – SELL

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

The bearish trend down to the next support at 0.734000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.746200000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI fall below 80’ indicator layout is detected. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.746200000 – 0.748000000 – 0.730400000 – 0.734000000 – 0.719700000 – 0.710700000 — 76.536762406212 – 75.180393132598

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –