ADA/USDT – 1H – SELL

The pair Cardano/Tether (ADA/USDT) goes from the descending trendline downwards

A continuation of the downtrend down to the next support at 0.708500000 is expected.

Caution: A possible counter-trend in the direction of resistance at 0.758600000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. which is often a bearish chart scenario. The currency pair could go down.

Additionally a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.758600000 – 0.789300000 – 0.789800000 – 0.708500000 – 0.730100000 – 0.769400000 — 49.167247082841 – 46.225177354408

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