The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance line at 0.845200000 will continue.
Caution: A possible change in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.
Next a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive pattern 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 | 0.964300000 |
| 2nd High | 0.879900000 |
| Next High | 0.845200000 |
| Current Price | 0.828900000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.845200000 – 0.838000000 – 0.844400000 – 0.781800000 – 0.794400000 – 0.805400000 — 53.657516363127 – 58.761029159723
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –