The currency pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 0.2184 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.1654 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2388 |
| 2nd High | 0.2376 |
| Next High | 0.2184 |
| Current Price | 0.183100000 |
| Next Low | 0.1654 |
| 2nd Low | 0.1641 |
| 3rd Low | 0.1582 |
0.1758 – 0.1744 – 0.1736 – 0.1654 – 0.1712 – 0.1677 —
0.167300000 – 0.176900000 —
29.12932746747 – 68.47994576279 —
– —
0.1758 – 1781362800
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –