ADA/USDT – 30M – SELL

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

A descent down to the next support level at 0.791100000 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.833800000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.

There is also a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. which is often a bearish chart scenario. The pair is likely to go down.

There is also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

There is also a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.833800000 – 0.808600000 – 0.834400000 – 0.791100000 – 0.784400000 – 0.800900000 — 45.791918928186 – 42.43951383345

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