ADA/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 0.853000000 is expected.

Caution: A possible change in the direction of the resistance line at 0.876400000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.876400000 – 0.874800000 – 0.879800000 – 0.853000000 – 0.856900000 – 0.831900000 — 60.84550215874 – 51.774099183766

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