Buy ADA/USDT – 1H – BUY

The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards

A bullish movement upwards to the next resistance level at 0.924900000 is expected.

Caution: A possible trend reversal in the direction of the support zone at 0.869800000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘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:

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