The currency pair Cardano/Tether (ADA/USDT) goes from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.964300000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.979500000 |
| 2nd High | 0.968400000 |
| Next High | 0.964300000 |
| Current Price | 0.922200000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.964300000 – 0.921900000 – 0.939000000 – 0.888100000 – 0.906500000 – 0.891200000 — 54.172832294845 – 55.124149089864
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –