The pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 0.894700000 is considered certain.
Caution: A possible change in the direction of the support level at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
In addition a ‘Northern Doji’ candlestick pattern is detected. 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 | 0.964300000 |
| 2nd High | 0.928400000 |
| Next High | 0.894700000 |
| Current Price | 0.876800000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.894700000 – 0.838500000 – 0.828100000 – 0.852500000 – 0.855600000 – 0.857900000 — 51.8572969054 – 62.331801718041
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –