Additionally a ‘Triple bottom chart pattern’ chart pattern is found. The chart picture shows ‘Triple bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to go up.
The combination Cardano/Tether (ADA/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.889400000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 0.861600000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 0.889400000 |
| Current Price | 0.902400000 |
| Next Low | 0.861600000 |
| 2nd Low | 0.833400000 |
| 3rd Low | 0.765800000 |
0.889400000 – 0.857900000 – 0.788900000 – 0.861600000 – 0.833400000 – 0.765800000 — 63.409866466816 – 71.698369680273
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Triple bottom chart pattern – –