The currency pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 0.889400000 will continue.
Caution: A possible trend reversal in the direction of the support line at 0.861600000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | 0.937300000 |
| 2nd High | 0.900800000 |
| Next High | 0.889400000 |
| Current Price | 0.883900000 |
| Next Low | 0.861600000 |
| 2nd Low | 0.833400000 |
| 3rd Low | 0.765800000 |
0.889400000 – 0.857900000 – 0.788900000 – 0.861600000 – 0.833400000 – 0.765800000 — 60.110745131251 – 63.006638515966
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –