ADA/USDT – 1H – BUY

The currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards

An ascending movement upwards to the next resistance line at 0.1544 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.1396 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Outside Up’ candlestick pattern is found. The chart shows ‘Three Outside Up’. which is a positive signal. 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).

0.1544 – 0.1633 – 0.163 – 0.1396 – 0.1493 – 0.1563 —
0.145600000 – 0.148200000 —
42.114202103581 – 49.240323588336 —
– —
0.1544 – 1782262800

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