The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 0.892500000 is certain.
Caution: A possible change in the direction of the support line at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.
Additionally a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles form ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.968400000 |
| 2nd High | 0.959700000 |
| Next High | 0.892500000 |
| Current Price | 0.879200000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.892500000 – 0.864700000 – 0.959700000 – 0.837100000 – 0.842900000 – 0.895100000 — 48.593561892211 – 51.629993258954
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold – – –