ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance level at 0.897800000 will continue.
Caution: A possible trend reversal in the direction of support at 0.879200000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.964300000 |
| 2nd High | 0.954000000 |
| Next High | 0.897800000 |
| Current Price | 0.894200000 |
| Next Low | 0.879200000 |
| 2nd Low | 0.865800000 |
| 3rd Low | 0.852500000 |
0.897800000 – 0.954000000 – 0.937200000 – 0.879200000 – 0.910100000 – 0.914300000 — 48.814505079032 – 50.940162595768
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –