ADA/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 0.800300000 is expected.

Caution: A possible change in the direction of resistance at 0.840300000 could be enabled.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Additionally a ‘Southern Doji’ candlestick chart pattern is discovered. The chart forms ‘Southern 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 chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.840300000 – 0.845200000 – 0.838000000 – 0.826000000 – 0.800300000 – 0.781800000 — 39.019914676992 – 38.929656219266

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