The currency pair Cardano/Tether (ADA/USDT) goes from the descending trendline upwards
A bullish ascent up to the next resistance level at 0.788900000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.766200000 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The 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 | 0.834400000 |
| 2nd High | 0.833800000 |
| Next High | 0.788900000 |
| Current Price | 0.775000000 |
| Next Low | 0.766200000 |
| 2nd Low | 0.741700000 |
| 3rd Low | 0.734000000 |
0.788900000 – 0.833800000 – 0.808600000 – 0.766200000 – 0.782900000 – 0.791100000 — 38.759914659543 – 43.794790542966
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –