ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support at 0.924500000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.955500000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Southern Doji’ candlestick chart pattern is detected. The chart shows ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.133200000 |
| 2nd High | 1.121000000 |
| Next High | 0.955500000 |
| Current Price | 0.962900000 |
| Next Low | 0.924500000 |
| 2nd Low | 0.838000000 |
| 3rd Low | 0.829600000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Southern Doji