Sell ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at 0.821800000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.879800000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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).

Support & Resistance Price Range*
3rd High 0.964300000
2nd High 0.928400000
Next High 0.879800000
Current Price 0.836700000
Next Low 0.821800000
2nd Low 0.765800000
3rd Low 0.741700000

0.879800000 – 0.928400000 – 0.964300000 – 0.855000000 – 0.887400000 – 0.888100000 — 41.29694181785 – 37.441093813202

Trading Signals:

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