The currency pair Cardano/Tether (ADA/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 1.220000000 is likely expected.
Caution: A possible change in the direction of the support zone at 1.172300000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. 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 | 1.228000000 |
2nd High | 1.224000000 |
Next High | 1.220000000 |
Current Price | 1.188300000 |
Next Low | 1.172300000 |
2nd Low | 1.113800000 |
3rd Low | 1.056700000 |
Download ADA/USDT Signal Image
Trading Signals: CRYPTO – ADA – ADA/USDT – USDT – Three White Soldiers