Buy ADA/USDT – 30M – BUY

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

An ascending movement upwards to the next resistance at 0.828100000 will persist.

Caution: A possible change in the direction of the support level at 0.800300000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.8452 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 0.828100000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.848600000
2nd High 0.845200000
Next High 0.828100000
Current Price 0.838900000
Next Low 0.800300000
2nd Low 0.781800000
3rd Low 0.765800000

0.828100000 – 0.845200000 – 0.828900000 – 0.800300000 – 0.781800000 – 0.794400000 — 61.394173344915 – 62.671622373945

Trading Signals:

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