ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) goes from the bearish trendline up.
An ascending movement upwards to the next resistance line at 0.603400000 is considered certain.
Caution: A possible change in the direction of the support line at 0.560800000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. 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 | 0.621700000 |
| 2nd High | 0.611900000 |
| Next High | 0.603400000 |
| Current Price | 0.572100000 |
| Next Low | 0.560800000 |
| 2nd Low | 0.556100000 |
| 3rd Low | 0.555000000 |
0.603400000 – 0.611900000 – 0.590500000 – 0.574200000 – 0.586600000 – 0.560800000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji –