ADA/USDT – 1H – BUY

The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance level at 0.977700000 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at 0.901100000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Additionally a ‘Bullish Belt Hold’ candle chart pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.977700000 – 0.964300000 – 1.019300000 – 0.901100000 – 0.910700000 – 0.878100000 — 41.656413069771 – 47.998312927193

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold – – –