ADA/USDT – 4H – BUYThe currency pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.4001 will continue.
Caution: A possible change in the direction of the support line at 0.3294 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish 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 | 0.6069 |
| 2nd High | 0.4842 |
| Next High | 0.4001 |
| Current Price | 0.389100000 |
| Next Low | 0.3294 |
| 2nd Low | 0.2737 |
| 3rd Low |
0.3847 – 0.3822 – 0.3809 – 0.3294 – 0.3443 – 0.3576 — 64.791982213844 – 65.047431253122 — 67.742879166378 – 62.505317207538 – 73.463823496806 – 67.100146783906
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –