The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 0.959700000 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.891200000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 1.019300000 |
| 2nd High | 0.987800000 |
| Next High | 0.959700000 |
| Current Price | 0.948900000 |
| Next Low | 0.891200000 |
| 2nd Low | 0.821800000 |
| 3rd Low | 0.765800000 |
0.921900000 – 0.942600000 – 0.892600000 – 0.891200000 – 0.821800000 – 0.837100000 — 62.557037469849 – 73.456645791691
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –