The currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 0.3019 is considered certain.
Caution: A possible trend reversal in the direction of support at 0.293800000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘StochRSI Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘StochRSI Hidden Bullish Divergence’. chart signal.
Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Besides a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. 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 | 0.3319 |
| 2nd High | 0.3034 |
| Next High | 0.3019 |
| Current Price | 0.299600000 |
| Next Low | 0.293800000 |
| 2nd Low | 0.2934 |
| 3rd Low | 0.2757 |
0.3019 – 0.3034 – 0.2936 – 0.293800000 – 0.2934 – 0.2757 —
0.299200000 – 0.300000000 —
39.831392298918 – 54.160661738701 —
0.293800000 – 1770109200 —
0.3019 – 1770093000
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –