ADA/USDT – 30M – BUYThe combination Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance level at 0.818700000 is certain.
Caution: A possible counter-trend in the direction of support at 0.774700000 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.937300000 |
| 2nd High | 0.900800000 |
| Next High | 0.818700000 |
| Current Price | 0.814300000 |
| Next Low | 0.774700000 |
| 2nd Low | 0.742000000 |
| 3rd Low | 0.711400000 |
0.818700000 – 0.900800000 – 0.937300000 – 0.774700000 – 0.785500000 – 0.837000000 — 50.877504770051 – 55.475089518793
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –