Buy ADA/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance line at 0.4374 is considered certain.

Caution: A possible trend reversal in the direction of the support line at 0.4011 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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 0.4842
2nd High 0.4761
Next High 0.4374
Current Price 0.415000000
Next Low 0.4011
2nd Low 0.3294
3rd Low 0.2737

0.4374 – 0.4309 – 0.3538 – 0.4011 – 0.3294 – 0.3488 — 49.30447489597 – 51.245932899423 — 41.108183764202 – 20.736593665953 – 63.209959051154 – 42.586750825098

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