Buy ADA/USDT – 30M – BUY

The pair Cardano/Tether (ADA/USDT) jumps from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance line at 1.115000000 is certain.

Caution: A possible trend reversal in the direction of the support line at 1.052100000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 1.1194 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.115000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three White Soldiers’ candlestick chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive pattern 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’ going up is 82%.

Support & Resistance Price Range*
3rd High 1.121000000
2nd High 1.119400000
Next High 1.115000000
Current Price 1.092300000
Next Low 1.052100000
2nd Low 0.945000000
3rd Low 0.924500000

Download ADA/USDT Signal Image

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