The currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.964300000 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.821800000 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 0.964300000 |
| Current Price | 0.863500000 |
| Next Low | 0.821800000 |
| 2nd Low | 0.765800000 |
| 3rd Low | 0.708500000 |
0.964300000 – 0.942600000 – 0.987800000 – 0.821800000 – 0.837100000 – 0.765800000 — 40.694950657902 – 45.927095361421
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –