ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 0.844400000 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.805400000 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The 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 | 0.866400000 |
| 2nd High | 0.848600000 |
| Next High | 0.844400000 |
| Current Price | 0.818800000 |
| Next Low | 0.805400000 |
| 2nd Low | 0.765800000 |
| 3rd Low | 0.741700000 |
0.844400000 – 0.848600000 – 0.866400000 – 0.805400000 – 0.810000000 – 0.814800000 — 42.384517700255 – 45.406481566839
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –