ADA/USDT – 1H – SELL

Moreover a ‘Double bottom retreat down’ chart formation is found. The chart shows ‘Double bottom retreat down’. this is a bearish pattern signal. The pair is likely to go down.

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

The bearish trend down to the next support level at 0.775900000 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 0.806900000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart scenario. The pair is likely to go down.

Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.806900000 – 0.748000000 – 0.758600000 – 0.775900000 – 0.734000000 – 0.710700000 — 64.659174068843 – 57.718107513529

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Double bottom retreat down – –