ADA/USDT – 1H – SELL

The currency pair Cardano/Tether (ADA/USDT) moves from the bearish trendline downwards

A continuation of the bearish trend down to the next support line at is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.892600000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

Next a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency 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).

0.892600000 – 0.959700000 – 0.987800000 – 0.837100000 – 0.895100000 – 0.887700000 — 45.746144311863 – 44.369178249343

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