ADA/USDT – 1H – BUYThe combination Cardano/Tether (ADA/USDT) goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 0.954000000 is likely expected.
Caution: A possible change in the direction of the support line at 0.882500000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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’ heading 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 | 0.894700000 |
| Next Low | 0.882500000 |
| 2nd Low | 0.865800000 |
| 3rd Low | 0.852500000 |
0.954000000 – 0.909700000 – 0.898100000 – 0.882500000 – 0.865800000 – 0.852500000 — 29.914131574954 – 36.401984138896
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –