Buy ADA/USDT – 30M – BUY

The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards

An ascent upwards to the next resistance level at 0.3019 is expected.

Caution: A possible counter-trend in the direction of the support line at 0.2938 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Outside Up’ candlestick pattern is discovered. The candles form ‘Three Outside Up’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.3319
2nd High 0.3034
Next High 0.3019
Current Price 0.294900000
Next Low 0.2938
2nd Low 0.2934
3rd Low 0.2757

0.3019 – 0.3034 – 0.2936 – 0.2938 – 0.2934 – 0.2757 —
0.301900000 – 0.286200000 —
58.115110070412 – 24.98352703471 —
– —
0.3019 – 1770093000

Trading Signals:

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