Buy ADA/USDT – 1H – BUY

The combination Cardano/Tether (ADA/USDT) moves from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance at 1.119400000 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 1.052100000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Inside Up’ chart pattern is detected. The chart forms ‘Three Inside Up’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Up’ heading up is 65% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 1.133200000
2nd High 1.121000000
Next High 1.119400000
Current Price 1.092300000
Next Low 1.052100000
2nd Low 0.838000000
3rd Low 0.829600000

Download ADA/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals