ADA/USDT – 1H – BUY

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

The combination Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.

A bullish movement upwards to the next resistance level at 0.921900000 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.888100000 could occur.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.

In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 – –