ADA/USDT – 1H – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance level at 0.789300000 will persist.
Caution: A possible counter-trend in the direction of the support zone at 0.730100000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candle pattern is found. The candles form ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.809900000 |
| 2nd High | 0.789800000 |
| Next High | 0.789300000 |
| Current Price | 0.754900000 |
| Next Low | 0.730100000 |
| 2nd Low | 0.711400000 |
| 3rd Low | 0.710500000 |
0.789300000 – 0.789800000 – 0.809900000 – 0.730100000 – 0.769400000 – 0.779900000 — 53.665570073073 – 57.179358251395
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –