ADA/USDT – 1H – BUYThe combination Cardano/Tether (ADA/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance line at 0.783900000 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.717100000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.8193 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.783900000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive chart scenario. 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 | |
| 2nd High | 0.819300000 |
| Next High | 0.783900000 |
| Current Price | 0.770600000 |
| Next Low | 0.717100000 |
| 2nd Low | 0.696100000 |
| 3rd Low | 0.541700000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers