ADA/USDT – 1H – BUY

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

A bullish ascent up to the next resistance line at 0.844400000 will persist.

Caution: A possible reversal of the trend in the direction of support at 0.805400000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

And also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.844400000 – 0.879900000 – 0.878400000 – 0.805400000 – 0.810000000 – 0.844100000 — 59.068737898408 – 60.468630779944

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