ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 0.879800000 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.821800000 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which 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 | 0.964300000 |
| 2nd High | 0.928400000 |
| Next High | 0.879800000 |
| Current Price | 0.844800000 |
| Next Low | 0.821800000 |
| 2nd Low | 0.765800000 |
| 3rd Low | 0.741700000 |
0.879800000 – 0.928400000 – 0.964300000 – 0.855000000 – 0.887400000 – 0.888100000 — 43.860261343978 – 47.192202349447
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –