ADA/USDT – 1H – BUY

The pair Cardano/Tether (ADA/USDT) goes from the ascending trendline up.

A continuation of the bullish trend up to the next resistance line at 0.2519 will continue.

Caution: A possible change in the direction of the support level at could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.2540048 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.2519 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Outside Up’ candle chart pattern is existing. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.2519 – 0.2576 – 0.2525 – 0.2446 – 0.2441 – 0.2408 —
0.251600000 – 0.249700000 —
53.948743040203 – 48.114093217605 —
– —
0.2519 – 1776988800

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