ADA/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance level at 0.938600000 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Bullish Engulfing’ chart pattern is existing. The chart forms ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.

0.938600000 – 0.925600000 – 0.887200000 – 0.885500000 – 0.860800000 – 0.853000000 — 46.185213464582 – 46.791923942678

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing – – –