The combination Cardano/Tether (ADA/USDT) moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.2899 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.2769 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three Outside Up’ candlestick pattern is detected. The chart forms ‘Three Outside Up’. 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 ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.305 |
| 2nd High | 0.3027 |
| Next High | 0.2899 |
| Current Price | 0.283400000 |
| Next Low | 0.2769 |
| 2nd Low | 0.2582 |
| 3rd Low | 0.2575 |
0.2899 – 0.2892 – 0.2877 – 0.283 – 0.2769 – 0.2773 —
0.283600000 – 0.283200000 —
39.491928397724 – 43.497356135148 —
– —
0.2899 – 1771313400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up – – –