ADA/USDT – 30M – BUYThe combination Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance line at 0.896700000 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.852500000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.964300000 |
| 2nd High | 0.928400000 |
| Next High | 0.896700000 |
| Current Price | 0.879100000 |
| Next Low | 0.852500000 |
| 2nd Low | 0.823000000 |
| 3rd Low | 0.814300000 |
0.896700000 – 0.882800000 – 0.894700000 – 0.852500000 – 0.855600000 – 0.857900000 — 44.079689250798 – 46.88159958294
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –