ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 0.672300000 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.649400000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.701800000 |
| 2nd High | 0.689900000 |
| Next High | 0.672300000 |
| Current Price | 0.668600000 |
| Next Low | 0.649400000 |
| 2nd Low | 0.618600000 |
| 3rd Low | 0.585700000 |
0.672300000 – 0.689900000 – 0.701800000 – 0.649400000 – 0.618600000 – 0.662000000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji