ADA/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance level at 0.855900000 will persist.

Caution: A possible trend reversal in the direction of the support level at 0.774700000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Bullish Belt Hold’ candle pattern is found. The chart shows ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.855900000 – 0.839400000 – 0.838700000 – 0.814100000 – 0.774700000 – 0.837000000 — 34.728384260604 – 42.518102735388

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold – –