ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.839400000 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.814600000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.
Additionally a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading 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 | 0.850300000 |
| Next Low | 0.814600000 |
| 2nd Low | 0.814100000 |
| 3rd Low | 0.774700000 |
0.833700000 – 0.839400000 – 0.838700000 – 0.814600000 – 0.814100000 – 0.817400000 — 59.320268144657 – 64.435429856553
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –