ADA/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance line at 0.2601 will persist.

Caution: A possible counter-trend in the direction of support at 0.24 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.2601 – 0.25 – 0.2514 – 0.24 – 0.24 – 0.2432 —
0.248100000 – 0.261800000 —
52.531223551438 – 70.747889295156 —
– —
0.2601 – 1775469600

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