ADA/USDT – 1H – SELL

Additionally a ‘Double bottom retreat down’ chart formation is found. The chart picture forms ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to go down.

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

A descending movement down to the next support at 0.775900000 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.806900000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI fall below 80’ indicator signal is existing. The indicator is ‘StochRSI fall below 80’. which is often a bearish chart signal. The currency pair could go down.

Additionally a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish 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’ going 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 – –