ADA/USDT – 1H – BUYBesides a ‘Double bottom chart pattern’ chart pattern is existing. The formation shows ‘Double bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to rise.
The currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance line at 0.839400000 will continue.
Caution: A possible trend reversal in the direction of support at should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.937300000 |
| Next High | 0.839400000 |
| Current Price | 0.841100000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.839400000 – 0.838700000 – 0.937300000 – 0.814100000 – 0.774700000 – 0.837000000 — 51.291234645117 – 62.686936590937
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – – Double bottom chart pattern –