ADA/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance at 0.768300000 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.710500000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.

Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Additionally a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.768300000 – 0.756200000 – 0.777400000 – 0.710500000 – 0.726700000 – 0.688400000

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