ADA/USDT – 30M – BUY

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

A bullish movement upwards to the next resistance level at 0.3019 will continue.

Caution: A possible trend reversal in the direction of the support zone at 0.2934 is also possible.
Consider stop-loss settings accordingly.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 0.3034 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.3019 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Three Outside Up’ candle pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.3019 – 0.3034 – 0.2936 – 0.2934 – 0.2757 – 0.2685 —
0.299000000 – 0.296400000 —
50.288715879508 – 44.407339453465 —
– —
0.30190 – 1770093000

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