The pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 0.906500000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.
And also a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. 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 | 0.938600000 |
| 2nd High | 0.937800000 |
| Next High | 0.906500000 |
| Current Price | 0.903300000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.906500000 – 0.937800000 – 0.938600000 – 0.885500000 – 0.908000000 – 0.899600000 — 53.432530046091 – 59.206220324006
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –