ADA/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.730100000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.789300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

Moreover a ‘Southern Doji’ chart pattern is found. The chart shows ‘Southern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.789300000 – 0.779200000 – 0.789800000 – 0.730100000 – 0.752100000 – 0.769400000 — 33.190139154493 – 33.190139154493

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