ADA/USDT – 30M – SELL

The combination Cardano/Tether (ADA/USDT) goes from the descending trendline down.

A continuation of the bearish trend down to the next support level at 0.823000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.838500000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

There is also a ‘Southern Doji’ candle pattern is detected. The candles form ‘Southern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.838500000 – 0.828100000 – 0.838900000 – 0.823000000 – 0.814300000 – 0.818800000 — 56.561682503989 – 56.351075510297

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