ADA/USDT – 4H – BUYThe currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.964300000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.826700000 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘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 | 1.019300000 |
| 2nd High | 0.987800000 |
| Next High | 0.964300000 |
| Current Price | 0.870800000 |
| Next Low | 0.826700000 |
| 2nd Low | 0.821800000 |
| 3rd Low | 0.765800000 |
0.964300000 – 0.942600000 – 0.987800000 – 0.826700000 – 0.821800000 – 0.837100000 — 45.752423470753 – 50.050009564733
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –