The currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 0.879900000 will persist.
Caution: A possible change in the direction of the support zone at 0.844100000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. this is a bullish signal. The currency 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 | 0.987800000 |
| 2nd High | 0.964300000 |
| Next High | 0.879900000 |
| Current Price | 0.853700000 |
| Next Low | 0.844100000 |
| 2nd Low | 0.826700000 |
| 3rd Low | 0.821800000 |
0.879900000 – 0.878400000 – 0.964300000 – 0.844100000 – 0.853000000 – 0.826700000 — 41.18649249225 – 42.64367467558
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –