ADA/USDT – 1H – BUY

The currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance level at 0.938600000 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.9182568 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.938600000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.938600000 – 0.925600000 – 0.887200000 – 0.885500000 – 0.860800000 – 0.853000000 — 49.300343977013 – 51.613990832303

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