ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) jumps from the descending trendline up.
An ascending movement up to the next resistance line at 0.833800000 is likely expected.
Caution: A possible counter-trend in the direction of support at 0.775900000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.855900000 |
| 2nd High | 0.834400000 |
| Next High | 0.833800000 |
| Current Price | 0.782300000 |
| Next Low | 0.775900000 |
| 2nd Low | 0.741700000 |
| 3rd Low | 0.734000000 |
0.833800000 – 0.808600000 – 0.834400000 – 0.782900000 – 0.791100000 – 0.784400000 — 42.40267357227 – 45.170540622236
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –