The currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline down.
A descent down to the next support line at 0.850700000 is expected.
Caution: A possible change in the direction of resistance at 0.928100000 could occur.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.121000000 |
2nd High | 0.940300000 |
Next High | 0.928100000 |
Current Price | 0.874300000 |
Next Low | 0.850700000 |
2nd Low | 0.770000000 |
3rd Low | 0.765500000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers