Buy ADA/USDT – 4H – BUY

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

The bullish trend upwards to the next resistance at 0.2938 is likely expected.

Caution: A possible trend reversal in the direction of support at 0.2536 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. 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 0.3647
2nd High 0.305
Next High 0.2938
Current Price 0.290300000
Next Low 0.2536
2nd Low 0.2504
3rd Low 0.2205

0.2938 – 0.2899 – 0.305 – 0.2536 – 0.267 – 0.2504 —
0.303600000 – 0.289700000 —
74.667680961974 – 56.255892426908 —
– —
0.2938 – 1771603200

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