The pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 0.2492 will persist.
Caution: A possible trend reversal in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
Next a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.268 |
| 2nd High | 0.2509 |
| Next High | 0.2492 |
| Current Price | 0.246700000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.2492 – 0.2509 – 0.2508 – 0.2408 – 0.2444 – 0.2473 —
0.248600000 – 0.247100000 —
55.517009328638 – 53.092645230878 —
– —
0.2492 – 1776668400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –