Buy ADA/USDT – 1H – BUY

The pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline upwards

A continuation of the upward movement up to the next resistance line at 0.937300000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 0.765800000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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
2nd High
Next High 0.937300000
Current Price 0.904200000
Next Low 0.765800000
2nd Low 0.734000000
3rd Low 0.710700000

0.833800000 – 0.834400000 – 0.806900000 – 0.765800000 – 0.766200000 – 0.784400000 — 74.835800744334 – 75.407919351714

Trading Signals:

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