Buy ADA/USDT – 4H – BUY

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

A continuation of the bullish trend upwards to the next resistance level at 0.4001 is considered certain.

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

Furthermore a ‘RSI cross above 70’ indicator signal is discovered. The indicator is ‘RSI cross above 70’. this is usually a bullish signal. The currency pair is likely to rise.

Furthermore a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair is likely to rise.

Furthermore a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a bullish 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’ going 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 0.417500000
Next Low 0.3294
2nd Low 0.2737
3rd Low

0.3847 – 0.3822 – 0.3809 – 0.3294 – 0.3443 – 0.3576 — 65.121470801052 – 75.84675425216 — 62.449579219909 – 73.012366785839 – 67.045877743148 – 67.71628169019

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