Buy ADA/USDT – 4H – BUY

The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline up.

A bullish movement up to the next resistance at 0.268 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair is likely to rise.

Furthermore a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.2955
2nd High 0.2769
Next High 0.268
Current Price 0.251200000
Next Low
2nd Low
3rd Low

0.268 – 0.2664 – 0.2514 – 0.240800000 – 0.2354 – 0.24 —
0.246600000 – 0.249800000 —
38.126041769942 – 46.341344969624 —
0.240800000 – 1776628800 —
0.268 – 1776427200

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