The currency pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 0.954000000 is considered certain.
Caution: A possible change in the direction of the support zone at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. 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 | 0.875000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.954000000 – 0.850000000 – 0.845200000 – 0.802600000 – 0.781800000 – 0.826700000 — 43.125967714461 – 45.888592454463
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –