ADA/USDT – 4H – BUYIn addition a ‘Double top retreat up’ chart formation is found. The chart forms ‘Double top retreat up’. which is a bullish signal. The currency pair is likely to go up.
The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 0.879900000 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.821800000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 0.833400000 |
| Next Low | 0.821800000 |
| 2nd Low | 0.765800000 |
| 3rd Low | 0.708500000 |
0.879900000 – 0.964300000 – 0.942600000 – 0.826700000 – 0.821800000 – 0.837100000 — 39.890187112556 – 45.707136253087
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Double top retreat up – –