ADA/USDT – 30M – BUY

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

A bullish ascent upwards to the next resistance line at 0.862700000 is considered certain.

Caution: A possible change in the direction of the support level at could occur.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.8520524 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 0.862700000 could occur.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.862700000 – 0.895500000 – 0.825400000 – 0.795900000 – 0.785400000 – 0.742000000

Trading Signals: FOREX – ADA – ADA/USDT – USDT – Northern Doji –