ADA/USDT – 30M – BUY

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

An ascent up to the next resistance at 0.765000000 is likely expected.

Caution: A possible counter-trend in the direction of support at 0.722700000 is also possible.
Consider stop-loss settings accordingly.

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 0.7631792 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.765000000 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Download ADA/USDT Signal Image

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