The pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 0.955500000 is likely expected.
Caution: A possible change in the direction of support at 0.838000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Outside Up’ candlestick pattern is existing. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.133200000 |
2nd High | 1.121000000 |
Next High | 0.955500000 |
Current Price | 0.944100000 |
Next Low | 0.838000000 |
2nd Low | 0.829600000 |
3rd Low | 0.770000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up