The pair Cardano/Tether (ADA/USDT) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support at 0.853000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.866100000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. 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 | 0.902500000 |
| 2nd High | 0.870000000 |
| Next High | 0.866100000 |
| Current Price | 0.859100000 |
| Next Low | 0.853000000 |
| 2nd Low | 0.852400000 |
| 3rd Low | 0.823000000 |
0.866100000 – 0.870000000 – 0.902500000 – 0.853000000 – 0.852400000 – 0.879000000 — 47.17231507406 – 43.587070887079
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –