ADA/USDT – 30M – BUYThe combination Cardano/Tether (ADA/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.746200000 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.734000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.758600000 |
| 2nd High | 0.748000000 |
| Next High | 0.746200000 |
| Current Price | 0.767400000 |
| Next Low | 0.734000000 |
| 2nd Low | 0.719700000 |
| 3rd Low | 0.710700000 |
0.746200000 – 0.748000000 – 0.730400000 – 0.734000000 – 0.719700000 – 0.710700000 — 79.375098495942 – 79.58358227245
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –