The pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 0.924900000 will continue.
Caution: A possible trend reversal in the direction of support at 0.869800000 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.133200000 |
2nd High | 1.121000000 |
Next High | 0.924900000 |
Current Price | 0.914800000 |
Next Low | 0.869800000 |
2nd Low | 0.770000000 |
3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers