Buy ADA/USDT – 30M – BUY

The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.

A bullish movement up to the next resistance line at 0.809900000 is expected.

Caution: A possible reversal of the trend in the direction of the support line at 0.769400000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

Moreover a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.900800000
2nd High 0.855900000
Next High 0.809900000
Current Price 0.786900000
Next Low 0.769400000
2nd Low 0.742000000
3rd Low 0.711400000

0.809900000 – 0.855900000 – 0.833700000 – 0.769400000 – 0.779900000 – 0.824100000 — 52.51583344692 – 54.43160195416

Trading Signals:

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