ADA/USDT – 1H – BUY

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

A bullish ascent up to the next resistance level at 0.3707 will persist.

Caution: A possible reversal of the trend in the direction of support at 0.3465 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Outside Up’ candle chart pattern is detected. The candles form ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.3707 – 0.3652 – 0.3739 – 0.3465 – 0.3525 – 0.3554 —
0.354800000 – 0.354200000 —
42.657837100579 – 43.470199414427 —
– —
0.37070 – 1769187600

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up – – –