The pair Cardano/Tether (ADA/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 0.3577 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.3739 could occur.
Consider stop-loss settings accordingly.
Then a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair could go down.
Then a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | 0.4042 |
| 2nd High | 0.3971 |
| Next High | 0.3739 |
| Current Price | 0.362100000 |
| Next Low | 0.3577 |
| 2nd Low | 0.3554 |
| 3rd Low | 0.3466 |
0.3739 – 0.363 – 0.3641 – 0.3577 – 0.3554 – 0.3627 —
0.360000000 – 0.364200000 —
43.859995031563 – 59.216923145237 —
– —
0.37390 – 1769032800
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –