ADA/USDT – 1H – SELL

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

A bearish trend down to the next support at 0.860800000 is expected.

Caution: A possible change in the direction of the resistance line at 0.954000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.9032 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 0.954000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.925600000 – 0.887200000 – 0.902500000 – 0.860800000 – 0.853000000 – 0.852400000 — 65.122875400645 – 62.995411184212

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