The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance at 0.828100000 is likely expected.
Caution: A possible change in the direction of the support level at 0.814300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. 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 | 0.850000000 |
| 2nd High | 0.838900000 |
| Next High | 0.828100000 |
| Current Price | 0.823400000 |
| Next Low | 0.814300000 |
| 2nd Low | 0.802600000 |
| 3rd Low | 0.800300000 |
0.828100000 – 0.838900000 – 0.850000000 – 0.814300000 – 0.818800000 – 0.818300000 — 51.608610246913 – 55.898503830416
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –