The pair Cardano/Tether (ADA/USDT) goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance at 0.939000000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.959700000 |
| 2nd High | 0.942600000 |
| Next High | 0.939000000 |
| Current Price | 0.916800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.939000000 – 0.942600000 – 0.863800000 – 0.906500000 – 0.891200000 – 0.821800000 — 50.397842410674 – 52.401270713811
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –