ADA/USDT – 1H – BUY

The pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline upwards

A continuation of the upward movement up to the next resistance level at will continue.

Caution: A possible counter-trend in the direction of support at 1.037500000 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 0.24-Level.Continuation of the current ascending trend will continue. Current target is 1.1911 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency 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