ADA/USDT – 1H – BUYThe combination Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance at 0.838700000 will continue.
Caution: A possible trend reversal in the direction of support at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
Besides a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.937300000 |
| Next High | 0.838700000 |
| Current Price | 0.834500000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.838700000 – 0.937300000 – 0.837200000 – 0.774700000 – 0.837000000 – 0.810400000 — 56.156650425457 – 57.309615295625
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –