ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline down.
A descending movement downwards to the next support line at 0.945000000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.119400000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Southern Doji’ candlestick chart pattern is detected. The candles show ‘Southern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.133200000 |
| 2nd High | 1.121000000 |
| Next High | 1.119400000 |
| Current Price | 1.062900000 |
| Next Low | 0.945000000 |
| 2nd Low | 0.924500000 |
| 3rd Low | 0.838000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Southern Doji