ADA/USDT – 4H – BUY

The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance at 0.2576 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 0.2446 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The chart shows ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.2576 – 0.268 – 0.2664 – 0.2446 – 0.2408 – 0.2354 —
0.250400000 – 0.252200000 —
50.653142262714 – 53.558244010745 —
– —
0.2576 – 1776830400

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold – – –