ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.954000000 is expected.
Caution: A possible trend reversal in the direction of the support zone at could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
In addition a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.987800000 |
| 2nd High | 0.964300000 |
| Next High | 0.954000000 |
| Current Price | 0.927100000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.954000000 – 0.909700000 – 0.898100000 – 0.882500000 – 0.865800000 – 0.852500000 — 47.716462349582 – 51.004983866005
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –