ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance level at 0.809900000 is likely expected.
Caution: A possible change in the direction of support at 0.769400000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Next a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.937300000 |
| 2nd High | 0.855900000 |
| Next High | 0.809900000 |
| Current Price | 0.786500000 |
| Next Low | 0.769400000 |
| 2nd Low | 0.742000000 |
| 3rd Low | 0.711400000 |
0.809900000 – 0.855900000 – 0.839400000 – 0.769400000 – 0.779900000 – 0.814100000 — 45.469772732571 – 46.726872277194
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –