Buy ADA/USDT – 1H – BUY

The currency pair Cardano/Tether (ADA/USDT) moves from the ascending trendline upwards

A continuation of the upward movement up to the next resistance at 0.2576 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.2441 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.2769
2nd High 0.268
Next High 0.2576
Current Price 0.248700000
Next Low 0.2441
2nd Low 0.2408
3rd Low 0.2381

0.2576 – 0.2525 – 0.2514 – 0.2441 – 0.2408 – 0.2444 —
0.248300000 – 0.247000000 —
43.804514545205 – 42.480186195996 —
– —
0.2576 – 1776834000

Trading Signals:

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