ADA/USDT – 30M – BUYThe combination Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance level at 0.838000000 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.805400000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.848600000 |
| 2nd High | 0.844400000 |
| Next High | 0.838000000 |
| Current Price | 0.823400000 |
| Next Low | 0.805400000 |
| 2nd Low | 0.765800000 |
| 3rd Low | 0.741700000 |
0.838000000 – 0.844400000 – 0.848600000 – 0.805400000 – 0.810000000 – 0.814800000 — 38.817076418401 – 44.092119914976
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –