The combination Cardano/Tether (ADA/USDT) jumps from the descending trendline up.
The bullish trend up to the next resistance at 0.1653 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.1554 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.1694 |
| 2nd High | 0.1664 |
| Next High | 0.1653 |
| Current Price | 0.160900000 |
| Next Low | 0.1554 |
| 2nd Low | 0.142 |
| 3rd Low | 0.1412 |
0.1653 – 0.1664 – 0.1694 – 0.1611 – 0.1625 – 0.162 —
0.162000000 – 0.160200000 —
35.971848926832 – 42.403148255794 —
– —
0.1653 – 1784210400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –