The currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 0.902600000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.885500000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The 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 | 0.906500000 |
| 2nd High | 0.904800000 |
| Next High | 0.902600000 |
| Current Price | 0.888000000 |
| Next Low | 0.885500000 |
| 2nd Low | 0.860800000 |
| 3rd Low | 0.856600000 |
0.902600000 – 0.904800000 – 0.906500000 – 0.889800000 – 0.889800000 – 0.887100000 — 44.959929129712 – 45.498568133357
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –