The pair Cardano/Tether (ADA/USDT) moves from the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 0.3027 will persist.
Caution: A possible change in the direction of support at 0.2817 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3319 |
| 2nd High | 0.305 |
| Next High | 0.3027 |
| Current Price | 0.285800000 |
| Next Low | 0.2817 |
| 2nd Low | 0.2757 |
| 3rd Low | 0.2685 |
0.3027 – 0.305 – 0.3019 – 0.2817 – 0.2938 – 0.2934 —
0.295200000 – 0.288200000 —
35.733252212892 – 27.033440178511 —
– —
0.3027 – 1770177600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –