The combination Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 0.928400000 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.821800000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.968400000 |
| 2nd High | 0.964300000 |
| Next High | 0.928400000 |
| Current Price | 0.870900000 |
| Next Low | 0.821800000 |
| 2nd Low | 0.765800000 |
| 3rd Low | 0.741700000 |
0.928400000 – 0.964300000 – 0.921900000 – 0.887400000 – 0.888100000 – 0.906500000 — 45.029641032523 – 45.600613039804
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –