ADA/USDT – 1H – BUY

The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.

The bullish trend up to the next resistance line at 0.959700000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.821800000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.952276 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.959700000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Northern Doji’ candlestick 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.892600000 – 0.959700000 – 0.987800000 – 0.821800000 – 0.837100000 – 0.895100000 — 57.910524965345 – 63.703905799614

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