Then a ‘Double bottom chart pattern’ chart pattern is existing. The chart picture shows ‘Double bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to rise.
The pair Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 0.746200000 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.734000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘RSI cross above 70’ indicator signal is discovered. The indicator shows ‘RSI cross above 70’. which could be a positive signal. The pair is likely to go up.
Then a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.758600000 |
| 2nd High | 0.748000000 |
| Next High | 0.746200000 |
| Current Price | 0.756800000 |
| Next Low | 0.734000000 |
| 2nd Low | 0.719700000 |
| 3rd Low | 0.710700000 |
0.746200000 – 0.748000000 – 0.730400000 – 0.734000000 – 0.719700000 – 0.710700000 — 57.549531830834 – 73.034942438545
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Double bottom chart pattern – –