ADA/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance level at 1.121000000 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 0.838000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.9828 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.121000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. 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 success rate of a ‘Three White Soldiers’ going up is 82%.

Download ADA/USDT Signal Image

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