The currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.843700000 will continue.
Caution: A possible change in the direction of the support level at 0.813900000 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.848600000 |
| 2nd High | 0.845200000 |
| Next High | 0.843700000 |
| Current Price | 0.819500000 |
| Next Low | 0.813900000 |
| 2nd Low | 0.800300000 |
| 3rd Low | 0.781800000 |
0.843700000 – 0.842500000 – 0.840300000 – 0.813900000 – 0.826000000 – 0.800300000 — 39.537661853214 – 40.754904741895
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –