The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 0.876400000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
There is also a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a bullish signal. 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 | 0.928400000 |
| 2nd High | 0.879800000 |
| Next High | 0.876400000 |
| Current Price | 0.872300000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.876400000 – 0.874800000 – 0.879800000 – 0.853000000 – 0.856900000 – 0.831900000 — 58.892247921598 – 59.806789296984
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –