The currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 0.850000000 is expected.
Caution: A possible change in the direction of the support line at 0.802600000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern 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 | 0.964300000 |
| 2nd High | 0.879900000 |
| Next High | 0.850000000 |
| Current Price | 0.854500000 |
| Next Low | 0.802600000 |
| 2nd Low | 0.781800000 |
| 3rd Low | 0.765800000 |
0.850000000 – 0.845200000 – 0.879900000 – 0.802600000 – 0.781800000 – 0.826700000 — 59.391621473469 – 65.551031369665
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –