The pair Cardano/Tether (ADA/USDT) moves from the bullish trendline downwards
A bearish descent downwards to the next support level at 0.882500000 is certain.
Caution: A possible change in the direction of the resistance zone at 0.954000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.968400000 |
| 2nd High | 0.964300000 |
| Next High | 0.954000000 |
| Current Price | 0.937700000 |
| Next Low | 0.882500000 |
| 2nd Low | 0.865800000 |
| 3rd Low | 0.852500000 |
0.954000000 – 0.937200000 – 0.909700000 – 0.882500000 – 0.865800000 – 0.872400000 — 55.976074233366 – 51.232396474282
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –