The currency pair Cardano/Tether (ADA/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance at 0.809900000 will persist.
Caution: A possible change in the direction of the support level at 0.770000000 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. 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 | |
2nd High | 0.848400000 |
Next High | 0.809900000 |
Current Price | 0.806300000 |
Next Low | 0.770000000 |
2nd Low | 0.765500000 |
3rd Low | 0.720000000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers