Buy ADA/USDT – 1H – BUY

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

A bullish ascent up to the next resistance at 0.850000000 is expected.

Caution: A possible counter-trend in the direction of the support line at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.

There is also a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. 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).

Support & Resistance Price Range*
3rd High 0.964300000
2nd High 0.879900000
Next High 0.850000000
Current Price 0.833800000
Next Low
2nd Low
3rd Low

0.850000000 – 0.843700000 – 0.840300000 – 0.802600000 – 0.826000000 – 0.800300000 — 54.554464887509 – 54.632190893034

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