ADA/USDT – 1H – BUY

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

An ascending movement up to the next resistance level at 0.255 will continue.

Caution: A possible reversal of the trend in the direction of the support line at 0.247 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.

Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish 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 will continue. Current target is 0.253112 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.255 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

0.255 – 0.2528 – 0.2515 – 0.247 – 0.2473 – 0.2475 —
0.252700000 – 0.251200000 —
54.880805972859 – 50.901546549404 —
– —
0.255 – 1777867200

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