ADA/USDT – 30M – BUY

In addition a ‘Double bottom chart pattern’ chart formation is found. The chart picture forms ‘Double bottom chart pattern’. this is a bullish pattern signal. The currency pair is likely to go up.

The pair Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards

A bullish ascent up to the next resistance at 0.746200000 will continue.

Caution: A possible trend reversal in the direction of the support line at 0.734000000 should always be considered.
Consider stop-loss settings accordingly.

In addition a ‘RSI cross above 70’ indicator layout is detected. The indicator is ‘RSI cross above 70’. which is often a bullish signal. The currency pair is likely to rise.

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

0.746200000 – 0.748000000 – 0.730400000 – 0.734000000 – 0.719700000 – 0.710700000 — 57.549531830834 – 73.034942438545

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Northern Doji – Double bottom chart pattern – –