ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) jumps from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at is expected.

Caution: A possible change in the direction of the resistance zone at 0.748000000 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘StochRSI fall below 80’ indicator signal is existing. The indicator shows ‘StochRSI fall below 80’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.748000000 – 0.730400000 – 0.728500000 – 0.719700000 – 0.710700000 – 0.708500000 — 64.759977226703 – 50.909292515309

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