The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance at 0.850000000 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.802600000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘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 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 | 0.833300000 |
| Next Low | 0.802600000 |
| 2nd Low | 0.781800000 |
| 3rd Low | 0.765800000 |
0.850000000 – 0.845200000 – 0.879900000 – 0.802600000 – 0.781800000 – 0.826700000 — 54.661776350162 – 55.014577781887
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –