The combination Cardano/Tether (ADA/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.848400000 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.770000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. which is a bullish 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’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 0.848400000 |
Current Price | 0.870500000 |
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