ADA/USDT – 1H – BUY

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

The bullish trend upwards to the next resistance level at 0.2696 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 0.2575 is within the realm of possibility.
Consider stop-loss settings accordingly.

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

Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.2704168 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.2696 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

0.2696 – 0.2634 – 0.2766 – 0.2575 – 0.2504 – 0.2597 —
0.261500000 – 0.266300000 —
49.881174996537 – 58.379710391478 —
– —
0.2696 – 1770890400

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –