The currency pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.898100000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.865800000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. this is a bullish signal. 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 | 0.964300000 |
| 2nd High | 0.928400000 |
| Next High | 0.898100000 |
| Current Price | 0.902800000 |
| Next Low | 0.865800000 |
| 2nd Low | 0.852500000 |
| 3rd Low | 0.823000000 |
0.898100000 – 0.894800000 – 0.896700000 – 0.865800000 – 0.872400000 – 0.852500000 — 67.087526334089 – 73.934950844039
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –