The combination Cardano/Tether (ADA/USDT) goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 0.887200000 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.866800000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles form ‘Bullish Belt Hold’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.954000000 |
| 2nd High | 0.902500000 |
| Next High | 0.887200000 |
| Current Price | 0.871300000 |
| Next Low | 0.866800000 |
| 2nd Low | 0.856600000 |
| 3rd Low | 0.853000000 |
0.887200000 – 0.884100000 – 0.866100000 – 0.866800000 – 0.856600000 – 0.853000000 — 40.686678666614 – 49.07788611101
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Bullish Belt Hold – – –