ADA/USDT – 1H – BUY

The combination Cardano/Tether (ADA/USDT) breaks through the ascending trendline up.

A continuation of the uptrend upwards to the next resistance line at 0.4414 will continue.

Caution: A possible reversal of the trend in the direction of support at 0.4057 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually 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 will continue. Target of the current trend is 0.4558 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.4414 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

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

0.4414 – 0.435 – 0.4213 – 0.4057 – 0.4111 – 0.4099 — 70.999590455794 – 72.816230501402 — 77.554928792785 – 100 – 45.172985109209 – 73.925508084079

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