ADA/USDT – 1H – BUYThe currency pair Cardano/Tether (ADA/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 0.898100000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.865800000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish 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 | 0.987800000 |
| 2nd High | 0.964300000 |
| Next High | 0.898100000 |
| Current Price | 0.893900000 |
| Next Low | 0.865800000 |
| 2nd Low | 0.852500000 |
| 3rd Low | 0.823000000 |
0.898100000 – 0.896700000 – 0.894700000 – 0.865800000 – 0.852500000 – 0.855600000 — 58.893425312992 – 62.562256428722
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –