ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) moves from the bearish trendline upwards
A bullish trend up to the next resistance line at 0.789300000 is likely expected.
Caution: A possible change in the direction of support at 0.730100000 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘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 | 0.722800000 |
| Next Low | 0.730100000 |
| 2nd Low | 0.711400000 |
| 3rd Low | 0.710500000 |
0.789300000 – 0.789800000 – 0.809900000 – 0.730100000 – 0.769400000 – 0.779900000 — 21.915927780433 – 27.302624403514
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –