Buy ADA/USDT – 30M – BUY

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

A bullish ascent up to the next resistance line at 1.096900000 will persist.

Caution: A possible trend reversal in the direction of the support line at 1.038900000 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Three Line Strike – Bullish’ candle chart pattern is existing. The candles form ‘Three Line Strike – Bullish’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).

Support & Resistance Price Range*
3rd High 1.181900000
2nd High 1.133200000
Next High 1.096900000
Current Price 1.090200000
Next Low 1.038900000
2nd Low 0.994000000
3rd Low 0.910000000

Download ADA/USDT Signal Image

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