Buy ADA/USDT – 30M – BUY

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

An ascending movement up to the next resistance line at 0.964300000 is expected.

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

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 1.019300000
Next High 0.964300000
Current Price 0.959300000
Next Low
2nd Low
3rd Low

0.964300000 – 0.945100000 – 1.019300000 – 0.910700000 – 0.878100000 – 0.885300000 — 54.9179891363 – 62.86023368333

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