ADA/USDT – 1H – BUY

The currency pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance line at 0.855900000 is expected.

Caution: A possible change in the direction of the support level at 0.775900000 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 0.8069 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.855900000 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.806900000 – 0.748000000 – 0.758600000 – 0.775900000 – 0.734000000 – 0.710700000 — 61.349210572709 – 64.306287460762

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