ADA/USDT – 1H – SELL

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

A bearish movement downwards to the next support level at 0.765800000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.833800000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish chart scenario. The currency pair could go down.

Besides a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.833800000 – 0.834400000 – 0.806900000 – 0.765800000 – 0.766200000 – 0.784400000 — 70.408745929523 – 65.140806675935

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