Buy ADA/USDT – 4H – BUY

The currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance at 0.938600000 is expected.

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

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The currency 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 0.964300000
2nd High 0.954000000
Next High 0.938600000
Current Price 0.889400000
Next Low
2nd Low
3rd Low

0.938600000 – 0.954000000 – 0.850000000 – 0.852400000 – 0.802600000 – 0.781800000 — 44.941492122433 – 47.012807875473

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