ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.982800000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.945000000 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. which is a positive chart scenario. 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’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.133200000 |
| 2nd High | 1.121000000 |
| Next High | 0.982800000 |
| Current Price | 0.974500000 |
| Next Low | 0.945000000 |
| 2nd Low | 0.924500000 |
| 3rd Low | 0.838000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up