The pair Cardano/Tether (ADA/USDT) goes from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.987800000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.904500000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. 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 | |
| 2nd High | 1.019300000 |
| Next High | 0.987800000 |
| Current Price | 0.967800000 |
| Next Low | 0.904500000 |
| 2nd Low | 0.901100000 |
| 3rd Low | 0.878100000 |
0.987800000 – 0.977700000 – 0.964300000 – 0.904500000 – 0.901100000 – 0.910700000 — 51.425991226308 – 57.678736105066
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –