ADA/USDT – 30M – SELL

The pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline down.

A bearish trend downwards to the next support at 0.891200000 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.942600000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a bullish pattern 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.942600000 – 0.863800000 – 0.867200000 – 0.891200000 – 0.821800000 – 0.843800000 — 52.884852530589 – 49.758159979689

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