The combination Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 0.679600000 will persist.
Caution: A possible counter-trend in the direction of the support zone at could happen.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
And also a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.702700000 |
2nd High | 0.689900000 |
Next High | 0.679600000 |
Current Price | 0.673700000 |
Next Low | |
2nd Low | |
3rd Low |
0.679600000 – 0.670800000 – 0.672300000 – 0.656500000 – 0.651700000 – 0.649400000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji