ADA/USDT – 30M – BUY

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

A bullish trend up to the next resistance line at 0.2519 is likely expected.

Caution: A possible counter-trend in the direction of the support level at could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.

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

Moreover a ‘Bullish Belt Hold’ candle pattern is existing. The candles form ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.2519 – 0.2508 – 0.2484 – 0.2472 – 0.2446 – 0.2449 —
0.251800000 – 0.251200000 —
63.714613076707 – 54.414336714499 —
– —
0.2519 – 1776990600

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold – – –