ADA/USDT – 30M – BUYAdditionally a ‘Triple bottom chart pattern’ chart pattern is discovered. The chart shows ‘Triple bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to go up.
The currency pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 0.900800000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.833400000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.937300000 |
| Next High | 0.900800000 |
| Current Price | 0.872700000 |
| Next Low | 0.833400000 |
| 2nd Low | 0.765800000 |
| 3rd Low | 0.741700000 |
0.857900000 – 0.788900000 – 0.833800000 – 0.833400000 – 0.765800000 – 0.766200000 — 52.37171041814 – 56.510011694426
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Triple bottom chart pattern – –