ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance line at 0.828100000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.800300000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.848600000 |
| 2nd High | 0.845200000 |
| Next High | 0.828100000 |
| Current Price | 0.838200000 |
| Next Low | 0.800300000 |
| 2nd Low | 0.781800000 |
| 3rd Low | 0.765800000 |
0.828100000 – 0.845200000 – 0.828900000 – 0.800300000 – 0.781800000 – 0.794400000 — 65.098510083198 – 67.823798954212
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –