ADA/USDT – 30M – BUYAdditionally a ‘Triple bottom chart pattern’ chart formation is existing. The formation shows ‘Triple bottom chart pattern’. which is a positive signal. The pair is likely to go up.
The pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.937300000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.861600000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The currency 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 | |
| 2nd High | |
| Next High | 0.937300000 |
| Current Price | 0.937800000 |
| Next Low | 0.861600000 |
| 2nd Low | 0.833400000 |
| 3rd Low | 0.765800000 |
0.889400000 – 0.857900000 – 0.788900000 – 0.861600000 – 0.833400000 – 0.765800000 — 75.643861648028 – 78.837418245361
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Triple bottom chart pattern – –