ADA/USDT – 1H – BUY

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

A bullish trend up to the next resistance at 0.1653 is expected.

Caution: A possible change in the direction of the support level at 0.1578 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.

Additionally a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 0.1666624 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 0.1653 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

0.1653 – 0.1664 – 0.1694 – 0.1578 – 0.1611 – 0.1625 —
0.159300000 – 0.163100000 —
36.256617217846 – 57.308174500053 —
– —
0.1653 – 1784210400

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –