Buy ADA/USDT – 4H – BUY

The combination Cardano/Tether (ADA/USDT) breaks through the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance at 0.4001 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 0.3294 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candle 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.6069
2nd High 0.4842
Next High 0.4001
Current Price 0.389100000
Next Low 0.3294
2nd Low 0.2737
3rd Low

0.3847 – 0.3822 – 0.3809 – 0.3294 – 0.3443 – 0.3576 — 64.791982213844 – 65.047431253122 — 67.742879166378 – 62.505317207538 – 73.463823496806 – 67.100146783906

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