The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance line at 0.809900000 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.769400000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 0.900800000 |
| 2nd High | 0.855900000 |
| Next High | 0.809900000 |
| Current Price | 0.786900000 |
| Next Low | 0.769400000 |
| 2nd Low | 0.742000000 |
| 3rd Low | 0.711400000 |
0.809900000 – 0.855900000 – 0.833700000 – 0.769400000 – 0.779900000 – 0.824100000 — 52.51583344692 – 54.43160195416
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –