Buy ADA/USDT – 1H – BUY

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

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