The currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance at 0.844400000 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.810000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. 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’ 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 | 0.823500000 |
| Next Low | 0.810000000 |
| 2nd Low | 0.765800000 |
| 3rd Low | 0.741700000 |
0.844400000 – 0.848600000 – 0.866400000 – 0.810000000 – 0.814800000 – 0.844100000 — 47.295260576284 – 49.657349558258
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –