The pair Cardano/Tether (ADA/USDT) goes from the bearish trendline up.
An ascent up to the next resistance at 0.3319 will persist.
Caution: A possible change in the direction of the support line at 0.3161 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.3707 |
| 2nd High | 0.3647 |
| Next High | 0.3319 |
| Current Price | 0.311200000 |
| Next Low | 0.3161 |
| 2nd Low | 0.2737 |
| 3rd Low |
0.3319 – 0.3647 – 0.3636 – 0.3161 – 0.318 – 0.3546 —
0.322400000 – 0.312800000 —
38.336832337379 – 26.861248232444 —
– —
0.33190 – 1769799600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –