The combination Cardano/Tether (ADA/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.937300000 is certain.
Caution: A possible trend reversal in the direction of support at 0.814100000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.
And also a ‘Northern Doji’ chart pattern is discovered. The candles show ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.937300000 |
| Current Price | 0.842700000 |
| Next Low | 0.814100000 |
| 2nd Low | 0.774700000 |
| 3rd Low | 0.742000000 |
0.839400000 – 0.838700000 – 0.937300000 – 0.814100000 – 0.774700000 – 0.837000000 — 63.437188262203 – 63.941491141987
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –