ADA/USDT – 1H – BUY

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

The bullish trend up to the next resistance level at 0.840300000 will persist.

Caution: A possible change in the direction of the support level at 0.800300000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.8452 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance zone at 0.840300000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency 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).

0.840300000 – 0.845200000 – 0.838000000 – 0.800300000 – 0.781800000 – 0.794400000 — 56.910607329391 – 61.934355309029

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