The currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance line at 0.874800000 is expected.
Caution: A possible trend reversal in the direction of the support level at should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
There is also a ‘Northern Doji’ candlestick pattern is found. The candles show ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.928400000 |
| 2nd High | 0.879800000 |
| Next High | 0.874800000 |
| Current Price | 0.870700000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.874800000 – 0.879800000 – 0.928400000 – 0.831900000 – 0.826700000 – 0.855000000 — 60.078075023672 – 61.328041094007
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –