ADA/USDT – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

The combination Cardano/Tether (ADA/USDT) moves from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at 0.866800000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.887200000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Southern Doji’ candle pattern is detected. The candles form ‘Southern Doji’. which is a positive chart scenario. The pair is likely to go up. 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).

0.887200000 – 0.884100000 – 0.866100000 – 0.866800000 – 0.856600000 – 0.853000000 — 44.628120445081 – 44.161598254278

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