The currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.977700000 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.901100000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.9487 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.977700000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern 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 | 1.019300000 |
| Next High | 0.977700000 |
| Current Price | 0.917000000 |
| Next Low | 0.901100000 |
| 2nd Low | 0.878100000 |
| 3rd Low | 0.861600000 |
0.977700000 – 0.964300000 – 0.945100000 – 0.901100000 – 0.910700000 – 0.878100000 — 42.063520584543 – 45.97938528316
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –