ADA/USDT – 1H – BUYThe combination Cardano/Tether (ADA/USDT) moves from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.4374 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.4011 should be noted.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.4842 |
| 2nd High | 0.4761 |
| Next High | 0.4374 |
| Current Price | 0.415000000 |
| Next Low | 0.4011 |
| 2nd Low | 0.3294 |
| 3rd Low | 0.2737 |
0.4374 – 0.4309 – 0.3538 – 0.4011 – 0.3294 – 0.3488 — 49.30447489597 – 51.245932899423 — 41.108183764202 – 20.736593665953 – 63.209959051154 – 42.586750825098
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –