The pair Cardano/Tether (ADA/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.884100000 is certain.
Caution: A possible counter-trend in the direction of support at 0.866800000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candle pattern is discovered. The candles form ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.954000000 |
| 2nd High | 0.902500000 |
| Next High | 0.884100000 |
| Current Price | 0.874600000 |
| Next Low | 0.866800000 |
| 2nd Low | 0.856600000 |
| 3rd Low | 0.853000000 |
0.884100000 – 0.866100000 – 0.870000000 – 0.866800000 – 0.856600000 – 0.853000000 — 43.267145708136 – 48.703342516414
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –