ADA/USDT – 30M – BUY

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

An ascent up to the next resistance line at 0.848600000 is likely expected.

Caution: A possible change in the direction of the support level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.84495 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.848600000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. 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).

0.848600000 – 0.866400000 – 0.874000000 – 0.810000000 – 0.814800000 – 0.844100000 — 57.874738260557 – 58.743778117554

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