ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.909700000 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.882500000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 0.909700000 |
| Current Price | 0.919200000 |
| Next Low | 0.882500000 |
| 2nd Low | 0.865800000 |
| 3rd Low | 0.852500000 |
0.909700000 – 0.898100000 – 0.894800000 – 0.882500000 – 0.865800000 – 0.872400000 — 68.570706997341 – 70.4562479403
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –