ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 0.879600000 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.843800000 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.959700000 |
| 2nd High | 0.892600000 |
| Next High | 0.879600000 |
| Current Price | 0.858500000 |
| Next Low | 0.843800000 |
| 2nd Low | 0.837100000 |
| 3rd Low | 0.833400000 |
0.879600000 – 0.892600000 – 0.892500000 – 0.843800000 – 0.837100000 – 0.842900000 — 49.240314966985 – 50.119491764624
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –