The combination Cardano/Tether (ADA/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.819300000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.696100000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candle chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. 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 | |
Next High | 0.819300000 |
Current Price | 1.115400000 |
Next Low | 0.696100000 |
2nd Low | 0.541700000 |
3rd Low | 0.328700000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers