The combination Cardano/Tether (ADA/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 0.954000000 will continue.
Caution: A possible counter-trend in the direction of the support level at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.
Next a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 0.921700000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.954000000 – 0.909700000 – 0.898100000 – 0.882500000 – 0.865800000 – 0.852500000 — 44.033295336963 – 47.396396396673
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –