ADA/USDT – 1H – BUY

Next a ‘Double bottom chart pattern’ chart layout is detected. The formation shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The pair is likely to go up.

Next a ‘StochRSI cross above 20’ indicator signal is detected. The indicator is ‘StochRSI cross above 20’. this is usually a bullish signal. The currency pair is likely to rise.

Next a ‘Bullish Engulfing’ candle pattern is found. The chart forms ‘Bullish Engulfing’. which is a positive 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 ‘Bullish Engulfing’ going up is 63%.

0.806900000 – 0.748000000 – 0.758600000 – 0.775900000 – 0.734000000 – 0.710700000 — 52.922022258926 – 55.144070777978

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing – Double bottom chart pattern – –