ADA/USDT – 30M – SELL

The currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline downwards

A bearish descent down to the next support line at 0.742000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.841400000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.784900000 – 0.750900000 – 0.739400000 – 0.742000000 – 0.711400000 – 0.710500000

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