ADA/USDT – 30M – SELLThe currency pair Cardano/Tether (ADA/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support level at is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.867200000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.
Furthermore a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.892600000 |
| 2nd High | 0.879600000 |
| Next High | 0.867200000 |
| Current Price | 0.853400000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.867200000 – 0.879600000 – 0.892600000 – 0.843800000 – 0.837100000 – 0.842900000 — 51.777233073323 – 46.333390501014
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –