ADA/USDT – 1H – BUY

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

A bullish movement upwards to the next resistance at 0.964300000 will continue.

Caution: A possible trend reversal in the direction of the support zone at is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.964300000 – 0.921900000 – 0.942600000 – 0.826700000 – 0.888100000 – 0.891200000 — 57.627939043656 – 60.253671701676

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