The pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.774000000 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.734000000 could occur.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.789800000 |
| 2nd High | 0.789300000 |
| Next High | 0.774000000 |
| Current Price | 0.756900000 |
| Next Low | 0.734000000 |
| 2nd Low | 0.719700000 |
| 3rd Low | 0.710700000 |
0.774000000 – 0.746200000 – 0.748000000 – 0.734000000 – 0.719700000 – 0.710700000 — 51.275640541326 – 53.994112714013
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –