ADA/USDT – 1H – BUY

The combination Cardano/Tether (ADA/USDT) moves from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance level at 1.228000000 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 1.113800000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.2582196 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.228000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Download ADA/USDT Signal Image

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