ADA/USDT – 1H – BUY

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

A continuation of the bullish trend up to the next resistance level at 0.768300000 will persist.

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

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency 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 –