Buy ADA/USDT – 30M – BUY

The currency pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.

An ascending movement upwards to the next resistance level at 0.838700000 is certain.

Caution: A possible counter-trend in the direction of the support line at 0.817400000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.

Besides a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.937300000
2nd High 0.900800000
Next High 0.838700000
Current Price 0.833100000
Next Low 0.817400000
2nd Low 0.817200000
3rd Low 0.774700000

0.838700000 – 0.827800000 – 0.818700000 – 0.817400000 – 0.817200000 – 0.774700000 — 55.634127901178 – 61.02703351715

Trading Signals:

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