ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 0.679600000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.656500000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.702700000 |
| 2nd High | 0.689900000 |
| Next High | 0.679600000 |
| Current Price | 0.698100000 |
| Next Low | 0.656500000 |
| 2nd Low | 0.651700000 |
| 3rd Low | 0.649400000 |
0.679600000 – 0.670800000 – 0.672300000 – 0.656500000 – 0.651700000 – 0.649400000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji