The currency pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 1.019300000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 1.019300000 |
| Current Price | 0.912500000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.019300000 – 0.889400000 – 0.857900000 – 0.885300000 – 0.861600000 – 0.833400000 — 38.457476434653 – 40.164541674219
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –