Buy ADA/USDT – 1H – BUY

The pair Cardano/Tether (ADA/USDT) moves from the bearish trendline upwards

A bullish trend up to the next resistance line at 0.789300000 is likely expected.

Caution: A possible change in the direction of support at 0.730100000 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. 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 0.809900000
2nd High 0.789800000
Next High 0.789300000
Current Price 0.722800000
Next Low 0.730100000
2nd Low 0.711400000
3rd Low 0.710500000

0.789300000 – 0.789800000 – 0.809900000 – 0.730100000 – 0.769400000 – 0.779900000 — 21.915927780433 – 27.302624403514

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