ADA/USDT – 1H – BUY

Then a ‘Double bottom chart pattern’ chart pattern is discovered. The formation shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.

The currency pair Cardano/Tether (ADA/USDT) jumps from the bearish trendline up.

The bullish trend up to the next resistance level at 0.4274 is considered certain.

Caution: A possible trend reversal in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.4228812 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.4274 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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).

0.4274 – 0.4216 – 0.4371 – 0.3707 – 0.4114 – 0.4134 — 72.620418572038 – 82.808007171313 — 100 – 100 – 100 – 100

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Double bottom chart pattern – –