The currency pair Cardano/Tether (ADA/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 0.2576 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.247 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. 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 | 0.259100000 |
| Next Low | 0.247 |
| 2nd Low | 0.2383 |
| 3rd Low | 0.2381 |
0.255 – 0.2528 – 0.2515 – 0.247 – 0.2473 – 0.2475 —
0.251200000 – 0.258100000 —
50.901546363347 – 69.208778016731 —
– —
0.255 – 1777867200
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –