The combination Cardano/Tether (ADA/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 0.821800000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.879800000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 0.836700000 |
| Next Low | 0.821800000 |
| 2nd Low | 0.765800000 |
| 3rd Low | 0.741700000 |
0.879800000 – 0.928400000 – 0.964300000 – 0.855000000 – 0.887400000 – 0.888100000 — 41.29694181785 – 37.441093813202
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –