The pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.730400000 will continue.
Caution: A possible reversal of the trend in the direction of the support line at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.
Then a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart shows ‘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 success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.789300000 |
| 2nd High | 0.758600000 |
| Next High | 0.730400000 |
| Current Price | 0.741900000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.730400000 – 0.728500000 – 0.758600000 – 0.710700000 – 0.708500000 – 0.709900000 — 61.485797184024 – 69.009076669549
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold – – –