ADA/USDT – 30M – BUYThe pair Cardano/Tether (ADA/USDT) moves from the ascending trendline down.
A bearish movement down to the next support level at 1.057500000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 1.116200000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bullish Belt Hold’ candle pattern is found. The chart forms ‘Bullish Belt Hold’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading 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