Buy ADA/USDT – 1H – BUY

The currency pair Cardano/Tether (ADA/USDT) goes from the bullish trendline down.

A descent downwards to the next support line at 1.057500000 is likely expected.

Caution: A possible change in the direction of resistance at 1.116200000 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Bullish Belt Hold’ candle pattern is found. The candles form ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to rise. 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 0.838000000

Download ADA/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals