ADA/USDT – 1H – BUY

The pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance at 0.4558 is certain.

Caution: A possible change in the direction of support at 0.4346 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.

Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.4558 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance zone at 0.4558 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.4558 – 0.4472 – 0.4274 – 0.4346 – 0.4265 – 0.3707 — 45.535894732038 – 49.533569082323 — 22.034836107644 – 50.653026427962 – 17.974150679271 – 27.970876891756

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