ADA/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance line at 0.843700000 is certain.

Caution: A possible counter-trend in the direction of support at 0.802600000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair could go up.

Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 0.8452 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.843700000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.843700000 – 0.840300000 – 0.845200000 – 0.802600000 – 0.826000000 – 0.800300000 — 55.308299244165 – 58.063358945349

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