ADA/USDT – 1H – BUY

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

An ascending movement up to the next resistance at 0.843700000 will persist.

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

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The pair is likely to go up.

Moreover a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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).

0.843700000 – 0.840300000 – 0.845200000 – 0.802600000 – 0.826000000 – 0.800300000 — 50.613843121247 – 52.445654194808

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