ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.850000000 is certain.
Caution: A possible change in the direction of the support line at 0.823000000 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. 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 | 0.964300000 |
| 2nd High | 0.879900000 |
| Next High | 0.850000000 |
| Current Price | 0.856300000 |
| Next Low | 0.823000000 |
| 2nd Low | 0.814300000 |
| 3rd Low | 0.802600000 |
0.850000000 – 0.843700000 – 0.840300000 – 0.823000000 – 0.814300000 – 0.802600000 — 73.317834811454 – 73.538437911831
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –