ADA/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support line at 0.3554 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.3739 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair could go up.

Besides a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.3739 – 0.363 – 0.3641 – 0.3554 – 0.3627 – 0.3466 —
0.361900000 – 0.360000000 —
45.281209213792 – 44.148997445009 —
– —
0.37390 – 1769032800

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