ADA/USDT – 4H – BUY

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

A continuation of the bullish trend up to the next resistance level at 1.326400000 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 1.037500000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.3264 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.326400000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Line Strike – Bullish’ chart pattern is detected. The candles show ‘Three Line Strike – Bullish’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).

Download ADA/USDT Signal Image

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Line Strike – Bullish