The combination Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance level at 0.2576 is considered certain.
Caution: A possible change in the direction of support at 0.2383 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.2609908 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 0.2576 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. 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 | 0.2383 |
| 2nd Low | 0.2354 |
| 3rd Low | 0.2348 |
0.254 – 0.2561 – 0.2576 – 0.2383 – 0.243 – 0.2446 —
0.251800000 – 0.253000000 —
51.950637060925 – 56.737672503315 —
– —
0.254 – 1777449600
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers – – –