ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.850000000 is expected.
Caution: A possible trend reversal in the direction of support at 0.823000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candle pattern is found. The chart shows ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.874000000 |
| 2nd High | 0.866400000 |
| Next High | 0.850000000 |
| Current Price | 0.855700000 |
| Next Low | 0.823000000 |
| 2nd Low | 0.814300000 |
| 3rd Low | 0.802600000 |
0.838500000 – 0.828100000 – 0.838900000 – 0.823000000 – 0.814300000 – 0.818800000 — 67.223041836601 – 74.380826673605
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –