Buy ADA/USDT – 1H – BUY

The currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance at 0.879900000 will persist.

Caution: A possible change in the direction of the support zone at 0.844100000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.987800000
2nd High 0.964300000
Next High 0.879900000
Current Price 0.853700000
Next Low 0.844100000
2nd Low 0.826700000
3rd Low 0.821800000

0.879900000 – 0.878400000 – 0.964300000 – 0.844100000 – 0.853000000 – 0.826700000 — 41.18649249225 – 42.64367467558

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