ADA/USDT – 4H – BUY

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

An ascent upwards to the next resistance level at 0.4558 is expected.

Caution: A possible change in the direction of the support zone at 0.3707 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.4888 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.4558 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.4558 – 0.4274 – 0.4342 – 0.3707 – 0.3876 – 0.4901 — 49.113869949274 – 53.065847132415 — 63.308710287674 – 62.309535159604 – 56.788086986052 – 60.689283806635

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