ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support at 1.057500000 will persist.
Caution: A possible change in the direction of resistance at 1.116200000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Bullish Belt Hold’ candle chart pattern is found. The candles show ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.121000000 |
| 2nd High | 1.119400000 |
| Next High | 1.116200000 |
| Current Price | 1.087800000 |
| Next Low | 1.057500000 |
| 2nd Low | 1.052100000 |
| 3rd Low | 0.945000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold