Buy ADA/USDT – 1H – BUY

The combination Cardano/Tether (ADA/USDT) goes from the ascending trendline up.

A continuation of the uptrend up to the next resistance level at 0.954000000 will continue.

Caution: A possible counter-trend in the direction of the support level at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.

Next a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. 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 0.987800000
2nd High 0.964300000
Next High 0.954000000
Current Price 0.921700000
Next Low
2nd Low
3rd Low

0.954000000 – 0.909700000 – 0.898100000 – 0.882500000 – 0.865800000 – 0.852500000 — 44.033295336963 – 47.396396396673

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