The currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 0.876400000 will continue.
Caution: A possible trend reversal in the direction of support at should be noted.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.
And also a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘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 probability of ‘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 | 0.874000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.876400000 – 0.874800000 – 0.879800000 – 0.853000000 – 0.856900000 – 0.831900000 — 57.901922386044 – 60.640734310357
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –