ADA/USDT – 1H – BUYThe currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.768300000 will persist.
Caution: A possible trend reversal in the direction of support at 0.710500000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. The 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.841400000 |
| 2nd High | 0.777400000 |
| Next High | 0.768300000 |
| Current Price | 0.735800000 |
| Next Low | 0.710500000 |
| 2nd Low | 0.688400000 |
| 3rd Low | 0.572200000 |
0.768300000 – 0.756200000 – 0.777400000 – 0.710500000 – 0.726700000 – 0.688400000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji –