ADA/USDT – 1H – BUY

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

A continuation of the bullish trend upwards to the next resistance level at 0.839400000 will persist.

Caution: A possible counter-trend in the direction of the support level at 0.814100000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.839400000 – 0.838700000 – 0.937300000 – 0.814100000 – 0.774700000 – 0.837000000 — 50.551474294971 – 51.333881502427

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – –