ADA/USDT – 30M – BUYThe currency pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.904800000 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.889800000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
And also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | 0.937800000 |
| 2nd High | 0.906500000 |
| Next High | 0.904800000 |
| Current Price | 0.896500000 |
| Next Low | 0.889800000 |
| 2nd Low | 0.887100000 |
| 3rd Low | 0.885500000 |
0.904800000 – 0.906500000 – 0.937800000 – 0.889800000 – 0.887100000 – 0.885500000 — 48.532103183438 – 53.35196643108
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –