ADA/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support at 0.2685 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.2922 could happen.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Southern Doji’ candle pattern is found. The chart forms ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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).

0.2922 – 0.2963 – 0.3136 – 0.2685 – 0.2691 – 0.2594 —
0.272400000 – 0.284900000 —
42.232110249819 – 60.715549494549 —
– —
0.2922 – 1772330400

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