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: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –