The currency pair Cardano/Tether (ADA/USDT) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.848400000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.765500000 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ candle chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.848400000 |
Current Price | 0.802100000 |
Next Low | 0.765500000 |
2nd Low | 0.720000000 |
3rd Low | 0.717100000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers