The pair Cardano/Tether (ADA/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.2504 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.2454 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.
Also there is a ‘Three Outside Up’ chart pattern is existing. The candles form ‘Three Outside Up’. 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 likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.2561 |
| 2nd High | 0.254 |
| Next High | 0.2504 |
| Current Price | 0.250500000 |
| Next Low | 0.2454 |
| 2nd Low | 0.245 |
| 3rd Low | 0.2383 |
0.2504 – 0.2483 – 0.2484 – 0.2454 – 0.245 – 0.2383 —
0.249300000 – 0.249600000 —
54.67316195099 – 57.130298369565 —
– —
0.2504 – 1777604400
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three Outside Up – – –