Buy ADA/USDT – 30M – BUY

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

A bullish movement upwards to the next resistance at 0.789300000 will persist.

Caution: A possible counter-trend in the direction of the support zone at 0.709900000 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Besides a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘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 0.809900000
2nd High 0.789800000
Next High 0.789300000
Current Price 0.735400000
Next Low 0.709900000
2nd Low 0.688400000
3rd Low 0.572200000

0.789300000 – 0.779200000 – 0.789800000 – 0.709900000 – 0.730100000 – 0.752100000 — 51.502249608015 – 53.203114313225

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