The combination Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance level at 0.921900000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.888100000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.
Besides a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Besides a ‘Bullish Engulfing’ candle pattern is existing. The candles show ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.942600000 |
| 2nd High | 0.939000000 |
| Next High | 0.921900000 |
| Current Price | 0.921400000 |
| Next Low | 0.888100000 |
| 2nd Low | 0.821800000 |
| 3rd Low | 0.765800000 |
0.921900000 – 0.939000000 – 0.942600000 – 0.888100000 – 0.906500000 – 0.891200000 — 49.09931631865 – 53.590827107315
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Engulfing – – –