The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance at 0.672300000 is considered certain.
Caution: A possible change in the direction of the support zone at 0.618600000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
And also a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | 0.702700000 |
2nd High | 0.689900000 |
Next High | 0.672300000 |
Current Price | 0.668900000 |
Next Low | 0.618600000 |
2nd Low | 0.585700000 |
3rd Low | 0.536600000 |
0.672300000 – 0.689900000 – 0.702700000 – 0.618600000 – 0.662000000 – 0.673800000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji