The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 0.789300000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.730100000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.809900000 |
| 2nd High | 0.789800000 |
| Next High | 0.789300000 |
| Current Price | 0.761900000 |
| Next Low | 0.730100000 |
| 2nd Low | 0.711400000 |
| 3rd Low | 0.710500000 |
0.789300000 – 0.779200000 – 0.789800000 – 0.730100000 – 0.752100000 – 0.769400000 — 33.487887588436 – 37.343251074175
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –