Buy ADA/USDT – 30M – BUY

The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance at 0.779200000 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.730100000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.793 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.779200000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.809900000
2nd High 0.789800000
Next High 0.779200000
Current Price 0.763400000
Next Low 0.730100000
2nd Low 0.711400000
3rd Low 0.710500000

0.779200000 – 0.789800000 – 0.809900000 – 0.730100000 – 0.752100000 – 0.769400000 — 47.004167795544 – 48.908227993097

Trading Signals:

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