The combination Cardano/Tether (ADA/USDT) goes from the bearish trendline upwards
A bullish trend upwards to the next resistance level at 0.642600000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.599800000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.723000000 |
2nd High | 0.645000000 |
Next High | 0.642600000 |
Current Price | 0.619600000 |
Next Low | 0.599800000 |
2nd Low | 0.585700000 |
3rd Low | 0.536600000 |
0.642600000 – 0.645000000 – 0.723000000 – 0.599800000 – 0.613100000 – 0.623500000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji