ADA/USDT – 1H – BUYThe currency pair Cardano/Tether (ADA/USDT) jumps from the descending trendline up.
An ascent upwards to the next resistance at 0.4997 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.2737 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The pair is likely to go up.
Then a ‘Northern Doji’ candle chart pattern is found. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.5809 |
| 2nd High | 0.5093 |
| Next High | 0.4997 |
| Current Price | 0.469400000 |
| Next Low | 0.2737 |
| 2nd Low | |
| 3rd Low |
0.4997 – 0.5093 – 0.5809 – 0.4735 – 0.4925 – 0.4901 — 41.647855237932 – 46.474145064414 — 67.293705757143 – 77.055443486766 – 68.098930929953 – 68.662036703033
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –