ADA/USDT – 30M – BUY

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

An ascending movement up to the next resistance at 0.1651 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.1586 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Mat Hold’ candlestick chart pattern is detected. The chart forms ‘Mat Hold’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Mat Hold’ going up is 78% (Bull Market) & 67% (Bear Market).

0.1651 – 0.1675 – 0.1689 – 0.1586 – 0.1598 – 0.1639 —
0.160400000 – 0.160500000 —
38.089522906645 – 38.795825355546 —
– —
0.1651 – 1781830800

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Mat Hold – – –