ADA/USDT – 1H – BUY

Besides a ‘Double bottom chart pattern’ chart pattern is found. The chart shows ‘Double bottom chart pattern’. this is a bullish pattern signal. The pair is likely to go up.

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

A bullish ascent upwards to the next resistance level at 0.921900000 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.888100000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.

Besides a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

Besides a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. 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).

0.921900000 – 0.942600000 – 0.892600000 – 0.888100000 – 0.891200000 – 0.821800000 — 50.634044735113 – 55.474071773259

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