The combination Cardano/Tether (ADA/USDT) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 0.906500000 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.885500000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.938600000 |
| 2nd High | 0.937800000 |
| Next High | 0.906500000 |
| Current Price | 0.897200000 |
| Next Low | 0.885500000 |
| 2nd Low | 0.860800000 |
| 3rd Low | 0.856600000 |
0.906500000 – 0.937800000 – 0.938600000 – 0.885500000 – 0.908000000 – 0.899600000 — 49.295397646196 – 52.100592378421
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –