ADA/USDT – 1H – BUY

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

An ascent upwards to the next resistance line at 0.850000000 is considered certain.

Caution: A possible change in the direction of the support line at 0.823000000 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 0.85 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.850000000 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.850000000 – 0.843700000 – 0.840300000 – 0.823000000 – 0.814300000 – 0.802600000 — 61.778646278283 – 64.004580539567

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