ADA/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at 0.818300000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.838900000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.838900000 – 0.850000000 – 0.818800000 – 0.818300000 – 0.802600000 – 0.813900000 — 37.27692455692 – 36.220600812376

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