ADA/USDT – 30M – BUY

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

A bullish movement upwards to the next resistance line at 0.272 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.2517 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.

Also there is a ‘Three Outside Up’ candle pattern is existing. The chart forms ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. 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).

0.272 – 0.278 – 0.285 – 0.2517 – 0.2571 – 0.2671 —
0.255700000 – 0.254100000 —
41.199950875263 – 37.021852855979 —
– —
0.272 – 1772782200

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