ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) jumps from the bearish trendline upwards
An ascending movement up to the next resistance line at 0.879900000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.765800000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ chart pattern is existing. The chart shows ‘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 likelyhood of ‘Northern Doji’ heading 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 | 0.825100000 |
| Next Low | 0.765800000 |
| 2nd Low | 0.734000000 |
| 3rd Low | 0.710700000 |
0.879900000 – 0.878400000 – 0.964300000 – 0.844100000 – 0.853000000 – 0.826700000 — 44.071452660565 – 45.094300630962
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –