ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.839400000 is expected.
Caution: A possible change in the direction of the support line at 0.814600000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern 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 | 0.839400000 |
| Current Price | 0.830600000 |
| Next Low | 0.814600000 |
| 2nd Low | 0.814100000 |
| 3rd Low | 0.774700000 |
0.839400000 – 0.838700000 – 0.827800000 – 0.814600000 – 0.814100000 – 0.817400000 — 49.795129704023 – 56.954358889828
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –