The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance at 0.843700000 will persist.
Caution: A possible change in the direction of the support line at 0.802600000 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.
And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.848600000 |
| 2nd High | 0.845200000 |
| Next High | 0.843700000 |
| Current Price | 0.826700000 |
| Next Low | 0.802600000 |
| 2nd Low | 0.800300000 |
| 3rd Low | 0.781800000 |
0.818800000 – 0.824200000 – 0.843700000 – 0.802600000 – 0.813900000 – 0.826000000 — 57.674152774482 – 65.109680491064
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –