ADA/USDT – 30M – BUYThe combination Cardano/Tether (ADA/USDT) jumps from the bearish trendline up.
A bullish trend upwards to the next resistance line at 0.818700000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.742000000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.937300000 |
| 2nd High | 0.900800000 |
| Next High | 0.818700000 |
| Current Price | 0.790300000 |
| Next Low | 0.742000000 |
| 2nd Low | 0.711400000 |
| 3rd Low | 0.710500000 |
0.818700000 – 0.900800000 – 0.937300000 – 0.785500000 – 0.837000000 – 0.816600000 — 31.649861420778 – 36.164049548705
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –