ADA/USDT – 1H – BUY

The pair Cardano/Tether (ADA/USDT) moves from the descending trendline up.

A bullish movement upwards to the next resistance level at 0.3319 will continue.

Caution: A possible trend reversal in the direction of support at 0.2737 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bullish Engulfing’ candle pattern is detected. The candles form ‘Bullish Engulfing’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.

0.3319 – 0.3647 – 0.3636 – 0.3161 – 0.318 – 0.3546 —
0.293500000 – 0.296700000 —
11.167974705559 – 39.694172279789 —
– —
0.33190 – 1769799600

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing – – –