The currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 0.3739 is considered certain.
Caution: A possible change in the direction of the support level at 0.3627 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish signal. The currency 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 | 0.4042 |
| 2nd High | 0.3971 |
| Next High | 0.3739 |
| Current Price | 0.360800000 |
| Next Low | 0.3627 |
| 2nd Low | 0.3466 |
| 3rd Low | 0.3421 |
0.3739 – 0.363 – 0.3641 – 0.3627 – 0.3466 – 0.3467 —
0.364400000 – 0.360000000 —
47.362015765041 – 30.920243125462 —
– —
0.37390 – 1769032800
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –