ADA/USDT – 30M – BUY

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

An ascending movement up to the next resistance at 0.833700000 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.814600000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.

Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Besides a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.833700000 – 0.839400000 – 0.838700000 – 0.814600000 – 0.814100000 – 0.817400000 — 54.489027850442 – 57.282619055753

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