Buy ADA/USDT – 1H – BUY

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

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