The combination Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 0.884100000 is expected.
Caution: A possible counter-trend in the direction of the support line at 0.856600000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.954000000 |
| 2nd High | 0.902500000 |
| Next High | 0.884100000 |
| Current Price | 0.883000000 |
| Next Low | 0.856600000 |
| 2nd Low | 0.853000000 |
| 3rd Low | 0.852400000 |
0.884100000 – 0.866100000 – 0.870000000 – 0.856600000 – 0.853000000 – 0.853000000 — 59.017580332568 – 60.984887721072
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –