ADA/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance level at 0.964300000 will continue.

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

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

Then a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.964300000 – 0.921900000 – 0.942600000 – 0.826700000 – 0.888100000 – 0.891200000 — 52.292111849973 – 53.000386962418

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