ADA/USDT – 1H – BUY

The pair Cardano/Tether (ADA/USDT) moves from the bullish trendline down.

A descent downwards to the next support at 0.720000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.8193 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three White Soldiers’ candle chart pattern is detected. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

Download ADA/USDT Signal Image

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