The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance level at 0.837200000 will persist.
Caution: A possible counter-trend in the direction of the support level at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. 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 | 0.895500000 |
| 2nd High | 0.862700000 |
| Next High | 0.837200000 |
| Current Price | 0.828400000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.837200000 – 0.862700000 – 0.895500000 – 0.795900000 – 0.785400000 – 0.742000000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji –