ADA/USDT – 4H – BUY

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

A continuation of the upward movement upwards to the next resistance line at 1.326400000 is considered certain.

Caution: A possible change in the direction of support at 1.037500000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

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

Furthermore a ‘Three Line Strike – Bullish’ candle pattern is detected. The candles show ‘Three Line Strike – Bullish’. 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 ‘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