The combination Cardano/Tether (ADA/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.1736 is certain.
Caution: A possible change in the direction of the support zone at 0.1677 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The 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 | 0.2184 |
| 2nd High | 0.1745 |
| Next High | 0.1736 |
| Current Price | 0.169700000 |
| Next Low | 0.1677 |
| 2nd Low | 0.1641 |
| 3rd Low | 0.1582 |
0.1736 – 0.1668 – 0.1699 – 0.1677 – 0.1641 – 0.1582 —
0.173300000 – 0.170500000 —
59.546093726705 – 48.14375053243 —
– —
0.1736 – 1781236800
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – – –