ADA/USDT – 1H – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance line at 0.839400000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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 | |
| 2nd High | 0.937300000 |
| Next High | 0.839400000 |
| Current Price | 0.825000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.839400000 – 0.838700000 – 0.937300000 – 0.774700000 – 0.837000000 – 0.810400000 — 46.726706036811 – 49.46245531816
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –