Buy ADA/USDT – 1H – BUY

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

A bullish ascent upwards to the next resistance level at 0.679600000 will persist.

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

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.

And also a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.702700000
2nd High 0.689900000
Next High 0.679600000
Current Price 0.673700000
Next Low
2nd Low
3rd Low

0.679600000 – 0.670800000 – 0.672300000 – 0.656500000 – 0.651700000 – 0.649400000

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