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: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up