ADA/USDT – 1H – BUY

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

A bullish movement up to the next resistance at 0.987800000 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.887700000 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

There is also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.

There is also a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.987800000 – 0.977700000 – 0.964300000 – 0.887700000 – 0.904500000 – 0.901100000 — 44.015518076634 – 50.192734865358

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