ADA/USDT – 30M – BUYAlso there is a ‘Falling Wedge Chart Pattern’ chart layout is detected. The chart picture shows ‘Falling Wedge Chart Pattern’. this is a bullish pattern signal. The currency pair is likely to rise.
The pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
An ascent up to the next resistance level at 0.628000000 is certain.
Caution: A possible change in the direction of the support zone at 0.599800000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.6224 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.628000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.642800000 |
| 2nd High | 0.642600000 |
| Next High | 0.628000000 |
| Current Price | 0.613800000 |
| Next Low | 0.599800000 |
| 2nd Low | 0.585700000 |
| 3rd Low | 0.554700000 |
0.628000000 – 0.642600000 – 0.642800000 – 0.599800000 – 0.613100000 – 0.627700000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji