Buy ADA/USDT – 30M – BUY

The pair Cardano/Tether (ADA/USDT) goes from the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance at 0.834400000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 0.784400000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.8094 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.834400000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.900800000
2nd High 0.855900000
Next High 0.834400000
Current Price 0.800000000
Next Low 0.784400000
2nd Low 0.775900000
3rd Low 0.741700000

0.834400000 – 0.821200000 – 0.820500000 – 0.784400000 – 0.800900000 – 0.796400000 — 47.197312269445 – 48.256710124487

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