Buy ADA/USDT – 30M – BUY

The currency pair Cardano/Tether (ADA/USDT) moves from the bearish trendline down.

A continuation of the downward movement downwards to the next support line at 1.057500000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 1.116200000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Matching Low’ candle pattern is found. The chart shows ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 1.121000000
2nd High 1.119400000
Next High 1.116200000
Current Price 1.093400000
Next Low 1.057500000
2nd Low 1.052100000
3rd Low 0.945000000

Download ADA/USDT Signal Image

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