The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 0.839400000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.817400000 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.937300000 |
| 2nd High | 0.900800000 |
| Next High | 0.839400000 |
| Current Price | 0.829200000 |
| Next Low | 0.817400000 |
| 2nd Low | 0.817200000 |
| 3rd Low | 0.774700000 |
0.839400000 – 0.838700000 – 0.827800000 – 0.817400000 – 0.817200000 – 0.774700000 — 43.551429299139 – 54.919030123559
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –