The currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance level at 0.2539 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. which is a bullish signal. 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.268 |
| 2nd High | 0.2576 |
| Next High | 0.2539 |
| Current Price | 0.251300000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.2539 – 0.253 – 0.2519 – 0.2482 – 0.2446 – 0.2441 —
0.250200000 – 0.250800000 —
42.659708351956 – 49.747327271802 —
– —
0.2539 – 1777107600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –