The combination Cardano/Tether (ADA/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 0.253 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.2496 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2576 |
| 2nd High | 0.2564 |
| Next High | 0.253 |
| Current Price | 0.253400000 |
| Next Low | 0.2496 |
| 2nd Low | 0.2472 |
| 3rd Low | 0.2446 |
0.253 – 0.2519 – 0.2508 – 0.2496 – 0.2472 – 0.2446 —
0.251200000 – 0.252400000 —
48.872248222065 – 57.851218935421 —
– —
0.253 – 1777064400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –