ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.895500000 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.785400000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.895500000 |
| Current Price | 0.851400000 |
| Next Low | 0.785400000 |
| 2nd Low | 0.742000000 |
| 3rd Low | 0.711400000 |
0.895500000 – 0.825400000 – 0.784900000 – 0.785400000 – 0.742000000 – 0.711400000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji –