ADA/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance line at 0.2434 will persist.

Caution: A possible counter-trend in the direction of the support zone at 0.2348 should always be considered.
Consider stop-loss settings accordingly.

In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.

In addition a ‘Three Outside Up’ chart pattern is discovered. The chart shows ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.2434 – 0.2548 – 0.2529 – 0.2348 – 0.2342 – 0.2425 —
0.242100000 – 0.239800000 —
48.259450201274 – 45.834160776135 —
– —
0.2434 – 1775138400

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up – – –