ADA/USDT – 1H – BUY

The pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline upwards

A continuation of the upward movement up to the next resistance line at 0.909700000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.882500000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candle chart pattern is existing. 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.909700000 – 0.898100000 – 0.896700000 – 0.882500000 – 0.865800000 – 0.852500000 — 70.835345117425 – 76.226590035033

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