The combination Cardano/Tether (ADA/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 0.806900000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.775900000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle chart pattern is existing. 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.855900000 |
| 2nd High | 0.809900000 |
| Next High | 0.806900000 |
| Current Price | 0.794000000 |
| Next Low | 0.775900000 |
| 2nd Low | 0.741700000 |
| 3rd Low | 0.734000000 |
0.806900000 – 0.801200000 – 0.774000000 – 0.775900000 – 0.741700000 – 0.734000000 — 49.914554630491 – 51.936571836521
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –