ADA/USDT – 30M – BUY

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

An ascent upwards to the next resistance at 0.756200000 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 0.688400000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.756200000 – 0.748600000 – 0.735000000 – 0.688400000 – 0.693300000 – 0.572200000

Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji –