In addition a ‘Double bottom chart pattern’ chart formation is found. The chart picture shows ‘Double bottom chart pattern’. which is a positive chart scenario. The pair is likely to go up.
The pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 0.3019 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.2938 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.
In addition a ‘Three White Soldiers’ candle chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.3319 |
| 2nd High | 0.3034 |
| Next High | 0.3019 |
| Current Price | 0.303900000 |
| Next Low | 0.2938 |
| 2nd Low | 0.2934 |
| 3rd Low | 0.2757 |
0.3019 – 0.3034 – 0.2936 – 0.2938 – 0.2934 – 0.2757 —
0.296400000 – 0.300300000 —
44.407338909732 – 56.558823132756 —
– —
0.3019 – 1770093000
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –