ADA/USDT – 1H – BUY

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

A continuation of the bullish trend up to the next resistance level at 0.1628 is considered certain.

Caution: A possible reversal of the trend in the direction of the support line at 0.142 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Bullish Engulfing’ candle chart pattern is detected. The candles form ‘Bullish Engulfing’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.

0.1628 – 0.1581 – 0.1488 – 0.142 – 0.1421 – 0.1437 —
0.161900000 – 0.167000000 —
64.898100204771 – 61.747065063579 —
– —
0.1628 – 1782997200

Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing – – –