ADA/USDT – 30M – BUY

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

A continuation of the bullish trend up to the next resistance level at 0.746200000 is expected.

Caution: A possible trend reversal in the direction of the support line at could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.748 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.746200000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.746200000 – 0.748000000 – 0.730400000 – 0.719700000 – 0.710700000 – 0.708500000 — 54.335829285315 – 56.490095172572

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