ADA/USDT – 1H – BUYThe combination Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance level at 0.4007 is certain.
Caution: A possible reversal of the trend in the direction of the support level at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a positive 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 | 0.4374 |
| 2nd High | 0.4228 |
| Next High | 0.4007 |
| Current Price | 0.401800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.4007 – 0.4228 – 0.4374 – 0.3849 – 0.4011 – 0.3294 — 53.087176314791 – 58.985581892379 — 52.095064170852 – 62.57038502511 – 33.102663145795 – 45.963746427907
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –