The combination Cardano/Tether (ADA/USDT) goes from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 0.954000000 will persist.
Caution: A possible reversal of the trend in the direction of support at 0.852400000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.987800000 |
| 2nd High | 0.964300000 |
| Next High | 0.954000000 |
| Current Price | 0.916600000 |
| Next Low | 0.852400000 |
| 2nd Low | 0.802600000 |
| 3rd Low | 0.781800000 |
0.954000000 – 0.850000000 – 0.845200000 – 0.852400000 – 0.802600000 – 0.781800000 — 63.532337570478 – 64.38847692953
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –