ADA/USDT – 1H – BUYThe currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.839400000 is certain.
Caution: A possible change in the direction of the support level at 0.814100000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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 | 0.839400000 |
| Current Price | 0.831600000 |
| Next Low | 0.814100000 |
| 2nd Low | 0.774700000 |
| 3rd Low | 0.742000000 |
0.839400000 – 0.838700000 – 0.937300000 – 0.814100000 – 0.774700000 – 0.837000000 — 52.800188211117 – 56.915682436904
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –