The currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance at 0.945100000 will persist.
Caution: A possible counter-trend in the direction of the support line at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 1.019300000 |
| Next High | 0.945100000 |
| Current Price | 0.938400000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.945100000 – 1.019300000 – 0.889400000 – 0.878100000 – 0.885300000 – 0.861600000 — 50.461512662469 – 56.693770873028
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –