ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 0.904800000 is expected.
Caution: A possible change in the direction of the support line at 0.887100000 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.937800000 |
| 2nd High | 0.906500000 |
| Next High | 0.904800000 |
| Current Price | 0.896100000 |
| Next Low | 0.887100000 |
| 2nd Low | 0.885500000 |
| 3rd Low | 0.860800000 |
0.904800000 – 0.906500000 – 0.937800000 – 0.887100000 – 0.885500000 – 0.908000000 — 49.113184556787 – 51.485251507517
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –