ADA/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance line at 0.3027 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 0.2582 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

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

0.2835 – 0.2747 – 0.2655 – 0.2582 – 0.2575 – 0.2542 —
0.282800000 – 0.282700000 —
52.075399725892 – 61.091748770434 —
– —
0.2835 – 1771200000

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