The currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.858900000 is certain.
Caution: A possible change in the direction of the resistance line at 0.940300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three White Soldiers’ chart pattern is detected. The candles form ‘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’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1.181900000 |
2nd High | 1.121000000 |
Next High | 0.940300000 |
Current Price | 0.899800000 |
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 White Soldiers