ADA/USDT – 30M – SELL

In addition a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A continuation of the downward movement downwards to the next support line at 0.769400000 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.789800000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The currency 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).

0.789800000 – 0.809900000 – 0.855900000 – 0.769400000 – 0.779900000 – 0.824100000 — 44.479445621181 – 35.871410894637

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern –