ADA/USDT – 1H – BUY

The pair Cardano/Tether (ADA/USDT) goes from the ascending trendline upwards

A continuation of the uptrend up to the next resistance at 0.2576 is certain.

Caution: A possible trend reversal in the direction of support at 0.2441 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Three Outside Up’ candlestick chart pattern is existing. The candles show ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.2576 – 0.2525 – 0.2514 – 0.2441 – 0.2408 – 0.2444 —
0.247000000 – 0.246300000 —
30.730664601796 – 32.60690420432 —
– —
0.2576 – 1776834000

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