The combination Cardano/Tether (ADA/USDT) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.874000000 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.844100000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.868572 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.874000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.928400000 |
| 2nd High | 0.879900000 |
| Next High | 0.874000000 |
| Current Price | 0.860400000 |
| Next Low | 0.844100000 |
| 2nd Low | 0.831900000 |
| 3rd Low | 0.826700000 |
0.874000000 – 0.879900000 – 0.878400000 – 0.844100000 – 0.853000000 – 0.856900000 — 52.173156498187 – 53.457326134326
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –