The currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance at 0.839400000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 0.814600000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.
Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
Then a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.937300000 |
| 2nd High | 0.900800000 |
| Next High | 0.839400000 |
| Current Price | 0.841300000 |
| Next Low | 0.814600000 |
| 2nd Low | 0.814100000 |
| 3rd Low | 0.774700000 |
0.833700000 – 0.839400000 – 0.838700000 – 0.814600000 – 0.814100000 – 0.817400000 — 55.077616928181 – 63.525893198247
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –