ADA/USDT – 1H – BUYThe combination Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 0.906500000 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.860800000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.954000000 |
| 2nd High | 0.938600000 |
| Next High | 0.906500000 |
| Current Price | 0.888000000 |
| Next Low | 0.860800000 |
| 2nd Low | 0.853000000 |
| 3rd Low | 0.852400000 |
0.906500000 – 0.938600000 – 0.925600000 – 0.887100000 – 0.885500000 – 0.860800000 — 39.248200531309 – 42.976562726704
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –