Buy ADA/USDT – 30M – BUY

The currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline upwards

A continuation of the uptrend up to the next resistance line at 0.977700000 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.901100000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.9487 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.977700000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 1.019300000
Next High 0.977700000
Current Price 0.917000000
Next Low 0.901100000
2nd Low 0.878100000
3rd Low 0.861600000

0.977700000 – 0.964300000 – 0.945100000 – 0.901100000 – 0.910700000 – 0.878100000 — 42.063520584543 – 45.97938528316

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