ADA/USDT – 4H – BUY

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

A continuation of the uptrend up to the next resistance line at 1.326400000 is certain.

Caution: A possible trend reversal in the direction of the support line at 1.037500000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.3264 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.326400000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Line Strike – Bullish’ candle chart pattern is existing. The candles show ‘Three Line Strike – Bullish’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).

Download ADA/USDT Signal Image

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Line Strike – Bullish