Buy ADA/USDT – 30M – BUY

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

A bullish trend up to the next resistance line at 0.892500000 will persist.

Caution: A possible reversal of the trend in the direction of the support level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.

There is also a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a positive chart scenario. 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 0.968400000
2nd High 0.959700000
Next High 0.892500000
Current Price 0.884800000
Next Low
2nd Low
3rd Low

0.892500000 – 0.864700000 – 0.959700000 – 0.837100000 – 0.842900000 – 0.895100000 — 54.690610292927 – 56.543979400629

Trading Signals:

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