The pair Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance line at 0.2519 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.2446 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
Moreover a ‘Three Outside Up’ candle chart pattern is detected. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2576 |
| 2nd High | 0.2564 |
| Next High | 0.2519 |
| Current Price | 0.249100000 |
| Next Low | 0.2446 |
| 2nd Low | 0.2441 |
| 3rd Low | 0.2408 |
0.2519 – 0.2508 – 0.2484 – 0.2446 – 0.2449 – 0.2453 —
0.251800000 – 0.248100000 —
65.276167228306 – 43.200051287208 —
– —
0.2519 – 1776990600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up – – –