ADA/USDT – 1H – BUY

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

A bullish movement upwards to the next resistance level at 0.2843 is certain.

Caution: A possible trend reversal in the direction of the support line at 0.2205 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘Three Outside Up’. which is a positive chart scenario. 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).

0.2843 – 0.305 – 0.3034 – 0.2205 – 0.2817 – 0.2934 —
0.272900000 – 0.271100000 —
49.680581812244 – 46.104458691504 —
– —
0.2843 – 1770397200

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