The pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 0.2646 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.2581 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2678 |
| 2nd High | 0.267 |
| Next High | 0.2646 |
| Current Price | 0.266800000 |
| Next Low | 0.2581 |
| 2nd Low | 0.2476 |
| 3rd Low | 0.2458 |
0.2646 – 0.267 – 0.2543 – 0.2581 – 0.2476 – 0.248 —
0.262600000 – 0.266000000 —
53.638531139498 – 69.026520741236 —
– —
0.2646 – 1774301400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –