ADA/USDT – 4H – BUY

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

A continuation of the uptrend up to the next resistance line at 0.834400000 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 0.708500000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘RSI cross above 70’ indicator signal is detected. The indicator is ‘RSI cross above 70’. which could be a positive chart scenario. The currency pair is likely to rise.

In addition a ‘StochRSI cross above 20’ indicator signal is detected. The indicator is ‘StochRSI cross above 20’. which could be a positive chart scenario. The currency pair is likely to rise.

In addition a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

In addition a ‘Bullish Belt Hold’ candle pattern is discovered. The candles form ‘Bullish Belt Hold’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.834400000 – 0.855900000 – 0.937300000 – 0.708500000 – 0.774700000 – 0.710500000 — 44.830337925569 – 55.508542558676

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