Buy ADA/USDT – 1H – BUY

The combination Cardano/Tether (ADA/USDT) moves from the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance at 0.909700000 is likely expected.

Caution: A possible change in the direction of the support line at 0.865800000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this is a bullish 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).

Support & Resistance Price Range*
3rd High 0.987800000
2nd High 0.964300000
Next High 0.909700000
Current Price 0.907400000
Next Low 0.865800000
2nd Low 0.852500000
3rd Low 0.823000000

0.909700000 – 0.898100000 – 0.896700000 – 0.865800000 – 0.852500000 – 0.855600000 — 63.38496798234 – 65.943417901138

Trading Signals:

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