The combination Cardano/Tether (ADA/USDT) moves from the bearish trendline upwards
An ascending movement up to the next resistance at 0.833800000 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.766200000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. this 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 | 0.855900000 |
| 2nd High | 0.834400000 |
| Next High | 0.833800000 |
| Current Price | 0.781200000 |
| Next Low | 0.766200000 |
| 2nd Low | 0.741700000 |
| 3rd Low | 0.734000000 |
0.833800000 – 0.808600000 – 0.834400000 – 0.766200000 – 0.782900000 – 0.791100000 — 41.77823740738 – 47.284936457586
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –