The pair Cardano/Tether (ADA/USDT) goes from the descending trendline up.
An ascending movement up to the next resistance level at 0.879500000 is likely expected.
Caution: A possible change in the direction of the support line at 0.770000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Outside Up’ candlestick pattern is discovered. The chart forms ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.912300000 |
2nd High | 0.904800000 |
Next High | 0.879500000 |
Current Price | 0.863600000 |
Next Low | 0.770000000 |
2nd Low | 0.765500000 |
3rd Low | 0.720000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up