The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 0.850000000 is expected.
Caution: A possible counter-trend in the direction of the support line at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.
There is also a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.964300000 |
| 2nd High | 0.879900000 |
| Next High | 0.850000000 |
| Current Price | 0.833800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.850000000 – 0.843700000 – 0.840300000 – 0.802600000 – 0.826000000 – 0.800300000 — 54.554464887509 – 54.632190893034
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –