Buy ADA/USDT – 1H – BUY

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

An ascending movement up to the next resistance level at 0.2899 is considered certain.

Caution: A possible change in the direction of the support level at 0.267 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.3319
2nd High 0.305
Next High 0.2899
Current Price 0.284600000
Next Low 0.267
2nd Low 0.2575
3rd Low 0.2504

0.2774 – 0.2874 – 0.2899 – 0.267 – 0.2714 – 0.2773 —
0.278500000 – 0.284300000 —
57.768778609026 – 58.761579307262 —
– —
0.2774 – 1771484400

Trading Signals:

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