ADA/USDT – 1H – BUY

The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 0.3136 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 0.2822 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair is likely to rise.

Furthermore a ‘Three Outside Up’ candlestick pattern is detected. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.3136 – 0.2716 – 0.2865 – 0.2822 – 0.2536 – 0.2699 —
0.290800000 – 0.288500000 —
48.449303163693 – 47.486464383125 —
– —
0.3136 – 1772053200

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up – – –