ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.954000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.882500000 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘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 | 0.954000000 |
| Current Price | 0.930000000 |
| Next Low | 0.882500000 |
| 2nd Low | 0.865800000 |
| 3rd Low | 0.852500000 |
0.954000000 – 0.909700000 – 0.898100000 – 0.882500000 – 0.865800000 – 0.852500000 — 50.56756192269 – 53.337202522433
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –