Buy ADA/USDT – 4H – BUY

The combination Cardano/Tether (ADA/USDT) goes from the descending trendline up.

A bullish movement up to the next resistance line at 0.940300000 will persist.

Caution: A possible counter-trend in the direction of support at 0.858900000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Up’ chart pattern is found. The candles form ‘Three Outside Up’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 1.181900000
2nd High 1.121000000
Next High 0.940300000
Current Price 0.874300000
Next Low 0.858900000
2nd Low 0.696100000
3rd Low 0.541700000

Download ADA/USDT Signal Image

Trading Signals:

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