The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance line at 0.924900000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 0.869800000 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading 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