ADA/USDT – 1H – BUYThe pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 0.825400000 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.742000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bearish Harami Cross’ candle chart pattern is detected. The chart shows ‘Bearish Harami Cross’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.864300000 |
| 2nd High | 0.841400000 |
| Next High | 0.825400000 |
| Current Price | 0.878100000 |
| Next Low | 0.742000000 |
| 2nd Low | 0.711400000 |
| 3rd Low | 0.710500000 |
0.825400000 – 0.768300000 – 0.756200000 – 0.742000000 – 0.711400000 – 0.710500000
Trading Signals: FOREX – ADA – ADA/USDT – USDT – Bearish Harami Cross –