The combination Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 0.837200000 is likely expected.
Caution: A possible change in the direction of support at 0.795900000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.895500000 |
| 2nd High | 0.862700000 |
| Next High | 0.837200000 |
| Current Price | 0.832300000 |
| Next Low | 0.795900000 |
| 2nd Low | 0.785400000 |
| 3rd Low | 0.742000000 |
0.837200000 – 0.862700000 – 0.895500000 – 0.795900000 – 0.785400000 – 0.742000000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji –