ADA/USDT – 30M – BUY

There is also a ‘Double bottom chart pattern’ chart pattern is detected. The chart picture forms ‘Double bottom chart pattern’. this is a bullish chart scenario. The pair is likely to go up.

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

The bullish trend up to the next resistance level at 0.838500000 is considered certain.

Caution: A possible trend reversal in the direction of support at 0.823000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Hammer’ candle pattern is discovered. The candles form ‘Hammer’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Hammer’ heading up is 60% (Bull Market) & 59% (Bear Market).

0.838500000 – 0.828100000 – 0.838900000 – 0.823000000 – 0.814300000 – 0.818800000 — 56.384326921999 – 59.010810518372

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Hammer – Double bottom chart pattern – –