ADA/USDT – 1H – SELL

The combination Cardano/Tether (ADA/USDT) goes from the descending trendline downwards

A continuation of the bearish trend down to the next support line at 0.837100000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.892600000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

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

0.892600000 – 0.959700000 – 0.987800000 – 0.837100000 – 0.895100000 – 0.887700000 — 43.503313718798 – 42.650637635693

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