The combination Cardano/Tether (ADA/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.4001 is considered certain.
Caution: A possible trend reversal in the direction of support at 0.3294 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘RSI cross above 70’ indicator signal is discovered. The indicator is ‘RSI cross above 70’. this is usually a bullish signal. The currency pair is likely to rise.
Furthermore a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.6069 |
| 2nd High | 0.4842 |
| Next High | 0.4001 |
| Current Price | 0.417500000 |
| Next Low | 0.3294 |
| 2nd Low | 0.2737 |
| 3rd Low |
0.3847 – 0.3822 – 0.3809 – 0.3294 – 0.3443 – 0.3576 — 65.121470801052 – 75.84675425216 — 62.449579219909 – 73.012366785839 – 67.045877743148 – 67.71628169019
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –