ADA/USDT – 30M – BUY

The combination Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards

An ascent up to the next resistance at 0.768300000 is expected.

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

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.768300000 – 0.756200000 – 0.748600000 – 0.726700000 – 0.688400000 – 0.693300000

Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji –