The pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 0.964300000 will continue.
Caution: A possible change in the direction of support at 0.882500000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Next a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.979500000 |
| 2nd High | 0.968400000 |
| Next High | 0.964300000 |
| Current Price | 0.944600000 |
| Next Low | 0.882500000 |
| 2nd Low | 0.865800000 |
| 3rd Low | 0.852500000 |
0.937200000 – 0.909700000 – 0.898100000 – 0.882500000 – 0.865800000 – 0.872400000 — 70.196040559699 – 74.938041610954
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –