ADA/USDT – 4H – BUY

The combination Cardano/Tether (ADA/USDT) jumps from the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance level at 0.879900000 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.826700000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.8768 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.879900000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.879900000 – 0.964300000 – 0.942600000 – 0.826700000 – 0.821800000 – 0.837100000 — 43.123599549894 – 44.038147516681

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