ADA/USDT – 1H – SELL

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

A bearish descent down to the next support line at 0.765800000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.855900000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.833800000 – 0.834400000 – 0.806900000 – 0.765800000 – 0.766200000 – 0.784400000 — 73.109188571116 – 61.048931870654

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Triple bottom chart pattern – –